Nifty Prediction : Pressure / Volatility Possible | Keep a watch on Geo-news | Closing Imp.

Daily Forecast – Share Market – March 2nd, 2022

Pressure / Volatility Possible | Keep a watch on Geo-news | Closing Imp.

Sun, Rahu, Jupiter and Mars are holding the key for the day. Indirectly entire horoscope is active. Chaturgrahi yog is formed. This issue of Russia and Ukraine issue has moved in devastating situation during the panchgrahi yog (@ Now Mars is defeated with Venus in planetary war. That indicates foreign lands or Geo-political situation is creating issues on large scale.

Crude oil is rising due to short supply due to disruption supply of crude oil and energy for the period is critical. Global trade and business have moved in disruption stage. Uncertainty in global market is seen and further expected.

Malefic group is activated. Volatility is quite possible. Pressure at the time of opening will not surprise me. In my last post on 28-02-2022, clearly mentioned to take necessary precautions because of holiday on 01-03-2022.

Time for casual traders is not good. Even professional traders must trade with care and strict stop-loss on both sides will be better. Banks, petroleum marketing industries, automobile tyres, paints and petroleum-based industries may face some issues. Oil exploration companies may be doing better. I may prefer to invest in defence equipment manufacturer and especially space related, aircraft related and IT based segments. Logistics will be important. Automobile (commercial vehicles) may give better performance for coming period.

Commodities may be doing better.

Trade with care. Volatility possible. Pressure at the time of opening will not be surprising.

Indian Currency

Indian Rupee may trade in between 75.10 to 76.00 per USD.

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

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