Daily Forecast – Share Market – September 7th, 2022

Nifty may try to hold base | Allow market to settle | sudden move possible

Venus with Moon leads the day, well supported by Sun, Mars, Jupiter (Rx), Saturn (Rx) and Ketu. Importantly, lord of the share market will also start transiting retrograde (ulti chaal) from 10-09-2022. That means next week three planets will be transiting retrograde. Unpredictability of the market may increase or may give opportunities under the adverse effect, depending upon individual horoscopes of natal.

It will be better to trade for the day wise and at the opening better to wait and then move. Do not follow the opening values.

Nifty may again show buying from lower and volatility is and volatility is also possible. Since, lord of the share market is slowing down the speed for us, because is on the curve, may give impact on the ups and downs values, since, lord is in own house, so try to protect the values. Which means despite of weak opening, market may try to hold the base and show some buying from lower.

Areas may remain active like banks, financial institution, IT, steel, defence, power, infrastructure, cement, chemicals, travel and tours, dairy products, and many more like aviation manufacturing, electronic chips, semi-conductor, health care, insurance, research related, diagnosis related segments and many more. Keep a watch, plan and move.

Pressure possible at the opening. Wait and allow the market to settle down then move.

Indian Currency

Indian Rupee may trade in between 79.30 to 80.20 per USD.

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