Nifty Prediction : Nifty may look for 17450 | Trade wisely | Watch global cues/News

Daily Forecast – Share Market – March 23rd, 2022

Nifty may look for 17450 | Trade wisely | Watch global cues/News

Jupiter, Saturn with Moon are leading the day, well supported by Sun and Mars. Indications are that initial emotions may remain bit confused or with undecided mood. But may give tide type of situation during the day.

Nifty may try to look for 17450+. Recovery from lower levels not a surprise.

Geo-political situation is still uncomfortable along with COVID crises. Even then, market is trying to recover from the previous troubles. Still, point of concern is conjunction of Mars and Saturn, inch by inch, Mars is heading closer to Saturn, which may give its impact (not comfortable) when will be in planetary war. I am bit watchful for the same. This period will start from first week of April 2022.

It will be better to keep a watch on defence, Petroleum, banks and financial institutions with Textiles, sugar, leather, leaf based, IT, communication, Solar based energy, lithium batteries related, electronics chips based, electrical and electronics, alcohol, by-products of sugar industry, crude, synthetic, cotton, automobile, commercial vehicles, non-traditional areas, and many more.

Currency may try to hold the levels, although is losing its base.

Market emotions are not negative at the moment. Trade with normal emotions.

Indian Currency

Indian Rupee may trade in between 76.10 to 77.00 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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