Daily Forecast – Share Market – February 15th, 2022

Better to be watchful | If possible – Avoid | Chances for Investors of long

Venus and Sun are leading the day, well supported by Moon, Mars, Rahu, Jupiter and Saturn. Indications are again that lord of the horoscope of India is under pressure of foreign land, because of planetary war. Planets are almost same as previous days, but due to changes in degrees, situation may show some volatility. Initially some buying from lower levels, but this may be suspicious because of chances of selling on upper levels can be seen.

Global cues may remain mixed. It will be better for the investors. Initial moves may be bit better (if), then better to wait and watch. Allow market to run for 100 points of Nifty, then move further otherwise chances to sell on rise.

Global cues are not better and local cues are also same as previous working day. Just for buying or trading – do not enter in the market. It will be better to watch with care. Investors for long term have always chances to enter at better rates, they may look for opportunities of their choices (but only after study properly).

Automobile, IT, Banks, Textiles, Paper, leather, Insurance, sugar, alcohol, leaf-based products, chemicals, electronic link companies, space, defence, and pharmaceuticals, FMCG, perfumes or fashion based segments, may show some movements.

Rahu may give suddenness or Volatility. Unpredictability is possible. FIIs are also unpredictable, further watchful moves for FIIs will be better. Remember, currency – INR is under pressure, crude is heading for 100 USD. Ukraine and Russia issues are still on.

If possible then AVOID. Investors may try for better stocks.

Indian Currency

Indian Rupee may trade in between 75.10 to 75.90 per USD.

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