Daily Forecast – Share Market – February 14th, 2022

Impact of local and Geo-political issues | Pressure possible

Jupiter, Sun with Venus are leading the day, well supported by Moon, Rahu and Mars. Day will be influenced with foreign cues, local issues and others. Pressure on the market can be seen due to Ukraine/Russia issues. Crude oil and others like local issues, including political issues or financial institutions, banks etc.

Impact on the negative side possible. It can be a tough and tricky day. Casual traders – try to protect their funds and money. Watchful moves will be better.

COVID pressure is reducing in India, which may give relaxation in the market and impact can be seen in coming period.

Market may open with lower side. Market may try to hold the levels around 17100, but further pressure may create issues. It will be better to wait and watch. Banks may show volatility.

Quarterly results may also be influencing the market.

Active areas can be shipping (either side), sea related – including petroleum, defence, automobile, impact of Fraud case against banks by ABG shipyard specially PSUs and big banks, chemicals, sugar, insurance, power, infrastructure, keep a watch on BSE, MCX or likewise segments, research and development, pathology laboratories, and many more like travels etc.

Trade with care. Protect funds. Time to be watchful, casual traders avoid trade. It is not necessary that each day go for a trade.

Indian Currency

Indian Rupee may trade in between 75.00 to 75.80 per USD.

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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.