Daily Forecast – Share Market – March 30th, 2022

Nifty may look for 17500+ | Allow market to settle

Mars, Jupiter with Saturn are leading the day, well supported by Sun and Rahu. Cues from foreign lands will be important for the day, along with sea related sectors including energy. This sector is controlling the economy of maximum countries, so time has started for next 30 years to look for new source of energy or various dependable source of energy. Otherwise, inflation will be controlled by some other country.

Inflation and unemployment are the negative points for our economy.

Market looks better. Tomorrow will be expiry (monthly and weekly). I still insist for my yesterday’s post for 17400, but now it may reach this level and may try to move further may be rise from the lower levels, possible above 14475 or so.

It will be better to look for opportunities in metals, banks and financial institutions, power, energy, renewable energy, infrastructure, textiles, synthetic fabric, cotton fabric, leather, sugar, alcohol, pharmaceuticals, e-commerce, IT, communication, and many more segments including chemicals, rubber, automobile tyres, logistics and defense etc.

It will be better to allow the market to settle down till 10:47 Hrs (IST). Nifty may look for 17450 or may give gap-up opening. Buying from lower will be better.

Indian Currency

Indian Rupee may trade in between 75.30 to 76.20 per USD.

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