Daily Forecast – Share Market – September 20th, 2022

Gap-up possible | Instead chasing, wait then trade

Sun with Venus is leading the day, well supported by Jupiter, Saturn, Rahu, Mars and Moon. Indications from foreign lands may be better, that means market may show some further better moves because planetary position is almost same as previous working day. Moon is forming decent relationship with the lord of share market, banks, insurance, sea related areas and many more.

That means market may show better moves during the day. Allow the market to settle.

Remember within this week lord of share market will be total combust, which may give very low support from the lord.

Banks may look for giving some run, with possible opportunities in IT for coming two and half days.

Space, web, e-commerce, entertainment, defence, banks, power, automobile and automobile tyres with batteries, paints, cement, chemicals, insurance, healthcare, non-traditional segments, dairy products, metals, alcohol, glycol, sugar, textiles, leather, fashion and many more may remain active during the day.

But time is to trade with strict stoploss even in coming period also.

Nifty may look for 17750 again.

Indian Currency

Indian Rupee may trade in between 79.10 to 80.00 per USD.

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