Nifty Prediction : Market remain dubious | Range to follow 18000-18200
Daily Forecast – Share Market – January 25th, 2022
Market remain dubious | Range to follow 18000-18200
Moon, Mars, with Venus are leading the day, well supported by Rahu, Jupiter and Saturn. January Expiry, importance from foreign cues may remain dubious. Local results and global cues are not giving any sure indications.
Indices are in their own area blocked. It seems that market is playing within 18000 to 18200 nifty levels. Local market is waiting for any good (very) signal for breakout. Possibly this market is waiting for Budget for the coming year.
In fact, Saturn is heading for the combust (AST awastha) zone. This may affect the karmas of Budget, or it will be better to say, this budget may be looking forward for 2024 General election. I may prefer to be watchful for budget also.
Areas like spirit and alcohol may also be affected for a while.
Possibly Infrastructure, Tea, coffee, leaf-based, automobile, automobile tyres, oil marketing companies and action in oil exploration companies, power, IT, communication, metals, electrical and electronics, renewable energy, non-traditional segments, defence (keep a watch regularly), space, missiles, aviation (related to defence) etc, may remain active with other segments.
Nifty may remain in range of 18000 to 18200. Banks may remain in action.
Indian Rupee may trade in between 81.20 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.