Nifty Prediction : Volatility Possible | Nifty may test 17700 | Look for Opportunities

Daily Forecast – Share Market – September 21st, 2022

Volatility Possible | Nifty may test 17700 | Look for Opportunities

Saturn (Rx), Sun with Venus are leading the day, well supported by Rahu, Mars and Moon. Importantly, tomorrow lord of share market will be within one Navmansha distance from Sun, means in combustion state. Indications for the weekly expiry may not be supportive from the lord of the share market. Possibly, impact of the foreign cues or Federal reserve’s announcement from US may be seen in our market. Hence trade with care on date.

Impact from foreign cues may be seen in the market on date also. Profit booking or trimming possible in the market possible.

In coming period possibly market may give some better movements, indications for Diwali will be clear after 01-10-2022.

Wait for the good companies and wait for their pull back or at decent/economical values.

Segments like automobile, fashion, sugar, engineering, cosmetics, chemicals, agriculture linked automobile, electrical and electronics, cement, paint, edible products, agro-based products, paper, textiles, leather, healthcare, hospitals, and many more may remain active along with alcohol, + non traditional segments etc. may remain active in either of the area. Keep a watch on Banks and financial institutions and IT segments, space etc.

Nifty is roaming around 17750 but may test 17700 of Nifty. But look for the opportunities – upper levels.

Indian Currency

Indian Rupee may trade in between 79.30 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.

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