Nifty Prediction : Nifty may Look for 17400 | Energy positive | Global cues IMP

Daily Forecast – Share Market – March 29th, 2022

Nifty may Look for 17400 | Energy positive | Global cues IMP

Mars, Jupiter and Saturn are leading the day with support of Sun, Moon + Rahu. Impact of foreign cues, crude oil, and Neech ka Lord of share market can be seen during the day. This may give better indications, but Volatility is also possible along with sudden movements on either side, but positive indications with stoploss (requirement – again indicating).

Nifty may Look for 17400, but it will be better to trade with strict stoploss. Buying from lower levels and chances of selling on upper levels. I believe previous day’s momentum will continue in the first half. If market can sustain this momentum (depending on global news and news from government), then may move further on upper levels.

Metals, banks, financial institution, textiles, leather, paper, pharmaceuticals, healthcare, power, petroleum, gas, renewable energy, leaf-based, alcohol, sugar, sugar, glycol, alcohol, spirit, gold, sea related, defence, electrical and electronics, EV and related batteries (lithium), IT, communication, entertainment, e-commerce, logistics and many more may remain active.

Market seems better. China may face further issues because of Saturn and Mars are coming close in its ascendant of horoscope. This may be cause of concern for demand and other issues.

Indian Currency

Indian Rupee may trade in between 75.70 to 76.60 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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