Daily Forecast – Share Market – January 19th, 2022 Volatility possible | Wait and Watch | Stop-loss Imp. Sun with Moon is leading the day, well supported by Venus, Ketu, Mercury, Saturn, and Rahu. Lord of India’s horoscope is retrograde and is transiting with the lord of foreign lands, indicating for the impact from foreign lands with be key for the day or trading purpose (this may include FIIs). It will be better to allow market to settle down at the earlier stage, allow the market to show pull back. If it shows dip, wait and watch. Allow the market to set the direction. Volatility, ups and downs possible. Budget session and global pressure is ahead. US and Japanese markets are in the mood of pressure. Bond yields from US may also play some role during the day. If Nifty tests 18000, will not be surprising for me. Even then I believe that market will be showing and looking for upper levels in the coming period. INR might lose its level, and again showing strength for USD. Crude is rising. I agree that defence may give advantage for export in coming period. I also believe that areas like electronic chips and others related areas may give some advantage in coming period. Inflation is high not only in US, China or other countries, we are also facing high inflation issues. Which may be cause of concern. Areas like communication, space, defence, […]

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