Nifty Prediction : Nifty may show buying from lower | Sudden ups and downs Possible
Daily Forecast – Share Market – April 19th, 2022
Nifty may show buying from lower | Sudden ups and downs Possible
Jupiter is leading the day, well supported by Sun, Mars, Saturn, Venus, Rahu and Ketu. Almost all the planets are active directly or indirectly. Moon is forming decent relationship with Mars and Venus. Indications are that foreign cues and local cues will be important for the day. I feel that market may try to recover from lower levels.
On 12-04-2022, I have mentioned in my post that Nifty may trade within 17000 – 18000. After that market has looked for lower levels.
Inflation, Corona and other issues may be cause of concern. Religious activities should be under control, otherwise Lord of Justice, Saturn will be punishing us. Precautions for Corona and nature is essential, otherwise it will be tough. We are getting time of 30 years to develop natural resources to handle energy. Renewable energy or alternate resources are essential. Same will be major areas for earning in share market in next 30 years (apart from other sources and defence).
After 2024, defence, electronics will be another area, where we (India) will be earning good revenue from foreign lands.
Petroleum, Gas, chemical gas, IT, communication, iron and steel or better to say metals, Food and related agro-products, Coffee, sugar, textiles, gold, alcohol, electronic instruments (communication and entertainment instruments), cement, infrastructure, automobile, automobile tyres, automobile batteries, Power, Carbon black, solvents, and many more areas may remain active.
Remember Rahu/Ketu may give sudden ups and downs. Buying from lower levels possible.
Indian Rupee may trade in between 75.80 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.
Categories: Share Market