Daily Forecast – Share Market – April 21st, 2022

Market looks better | Chances of Ups & down possible

Jupiter with Ketu is leading the day, well supported by Rahu, Mars, Venus and Sun. Global indications are better. Ketu indicates better moves in many areas. It will be better to look for opportunities even at lower rates. Nifty may try to show some pull from lower. This does not ignore chances of Volatility during the day.

Today is weekly expiry, so some volatility is also possible.

Previous working day was better and gave recovery from lower. Nifty may try to look for 17250 or so. Time to play smartly and look for opportunities.

Still, I believe to trade on the basis of stocks/equities/company wise. Banks are also looking for opportunities. It will be better to keep a watch on Bank levels, if it gives positive indications only then go for upper side of Nifty. Otherwise stocks specific trade will be better.

Areas like power, automobile, agriculture, infrastructure, iron and steel, coal, automobile ancillaries, batteries, personal care, healthcare laboratories, insurance, communication instruments, cotton, fibre treads, defence, metals and many more may remain active.

Trade with care despite of better mood and emotions. Keep a watch on banking sector.

Indian Currency

Indian Rupee may trade in between 75.70 to 76.50 per USD.

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