Nifty Prediction : Better emotions | Nifty may try for 1% | Fluctuations possible

Daily Forecast – Share Market – July 18th, 2022

Better emotions | Nifty may try for 1% | Fluctuations possible

Keep a watch on Foreign cues

Jupiter, Mars with Venus are leading the day, well supported by Saturn (Rx). Lord of banks and share market has come out of total combustion, but still close to total combustion, slowly and gradually coming out of shadow. Indicating little bit better mood and emotions. Currency is cause of concern. Moon is forming good relationship with the lord of lagna of India’s horoscope, so chances are better for the day.

Global indications are bit better.

Further indications that market may try to look for another 1% advantage to the Market or Nifty levels.

Results of various organisations will also be playing role for the stocks. I may prefer to look company wise trade. I agree that defence is still better along with selected IT, banks and automobile companies.

Chemicals, electronics and electricals, with non-traditional segments, energy – coal and petroleum segments, health care, financial segments, power, automobile batteries, automobile tyres and research related segments, health care related laboratories, may be showing some movements.

It will be better to trade with care, despite of better opening and chances of selling on upper levels also possible. Because Banks and share market lord is still under pressure, so chances may be bit fluctuate during the day.

Indian Currency

Indian Rupee may trade in between 79.30 to 80.10 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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