Daily Forecast – Share Market – January 10th, 2023

Mix-day Possible | Range within 18000 to 18200 of Nifty \ Trade with the wind

Venus with Moon is leading the day, well supported by Sun, Mars, Rahu, Saturn and Mercury. Foreign cues are indicating that chances of Mix Day possible. Although local issues may be supporting the market. Foreign cues may remain non-reliable.

Keep a watch on Banks and financial institutions.

Nifty may show some positive moves and try to look for 18200 levels in coming period.

Local results for Q3 for some companies. Issues remain same related to jobs, inflation, and other related issues. Which may affect consumption theory of the market.

Areas like power, IT, communication, power and automobile (avail advantage), alcohol, spirit, metals, agriculture related segments, financial institutions, chemicals and leaf-based segments, non-traditional segments and FMCG etc. may remain active along with many more segments.

INR may show some recovery.

Nifty may look for 18200 on upper side whereas may show some Mixed performances. Nifty may trade within 18000 to 18200.

Indian Currency

Indian Rupee may trade in between 82.00 to 82.80 per USD.

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