Nifty Prediction : Market is waiting for positive touch | Negative emotions pulling down
Daily Forecast – Share Market – November 22nd, 2022
Market is waiting for positive touch | Negative emotions pulling down
Saturn, Mars with Rahu are leading the day, well supported by Venus. Importantly, Jupiter is slowing down its speed for us, because is close to change the direction on transit. Indications for the market may remain bit tricky. Market is waiting for the cues to decide the direction of the market for the coming period.
According to planetary position, only four planets are playing deciding factor, indirectly only Jupiter is not active, Rahu may give suddenness in the market or wave like situation also.
Nifty may try to hold the level of 18100 and may show to look for 18300 or so. Possibly ups and downs like wave will not be a surprise. Various news from different sources may mislead or lead the direction of the market.
Areas like Alcohol, petroleum oil based, automobile tyres, automobile, aviation and IT may give little bit confusion or wait for the guidance, metals, engineering, electrical and electronics, textiles, leather, pharmaceuticals, fashion, non-traditional segments and many more may show some base for the direction.
Keep a watch on FIIs. Soul of the market is waiting to get indications for changing its tone from negative to positive. Behave for neutral will be better.
Indian Rupee may trade in between 81.30 to 82.00 per USD.
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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
Categories: Share Market