Nifty Prediction : Nifty may trade within range of (+/-) 1% | Sudden movements possible
Daily Forecast – Share Market – February 18th, 2022
Nifty may trade within range of (+/-) 1% | Sudden movements possible
Mars, Venus and Sun are leading the day, well supported by Jupiter and Rahu. Foreign cues will be important for the day, but importantly, lord of foreign lands is defeated in planetary war with the lord of the horoscope of India. Indications are that apart from foreign cues, keep a watch on local news and strengths/weakness, which will be again important for the day. That means, chances of ups and downs will be possible.
Russia and Ukraine are in a state, where global trades are under pressure.
As mentioned for the previous day that green energy or non-traditional energy – government has given a thrust on Hydrogen energy etc.
US is sliding. Due to Russia-Ukraine tussle. Possibly other reasons may also be playing role for sliding of their market. Global unemployment, inflation and many other concern issues due to COVID and now with Russia and Ukraine.
Guard your interest and strict stop-loss will be important. Because, lord of horoscope is better than the foreign lands lord, so I feel that our market may try to hold the levels, with support of local issues and support.
Defence relates segments, space related defence, infrastructure, power, non-traditional segments, alcohol, spirit, sugar, food related, cement, automobile, health care, insurance, oil exploration, sea based, research and laboratory related, chemicals, many more.
At any stage market may surprise the trend. Rahu can show suddenness and surprise during the day.
Trade with stop-loss. Nifty may try to hold the levels of 17150. Range bound trade possible.
Indian Rupee may trade in between 74.80 to 75.70 per USD.
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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
Categories: Share Market