Nifty Prediction : Market may trade within Range of 150 points or so
Daily Forecast – Share Market – February 13th, 2023
Market may trade within Range of 150 points or so
Mars with Jupiter is leading the day, well supported by Sun, Moon, Rahu, Ketu and Saturn (totally combust). Importantly Lord of karma and karmadhikari, nyaydhikari is within one Navmansha distance with Sun, hence is close to total combustion. Indicating that impact may be seen in the share market and other related areas of the nation.
Performance of Industries may be important for the day and coming next two days also, that may include weekly closing also.
Volatility like previous working days. That means we must keep a close watch on foreign cues also. Impact of foreign cues may be seen during the day.
Mixed day will be better term for the clarification. Foreign markets are mainly cause of concern and creating doubts in the mind of Gian traders.
But broader market, company wise movements will be different. Index may show some different movement, whereas company’s performances may show some different movements. This may give movements in our market.
Crude oil price is on the higher side.
Areas like Oil exploration, automobile tyres, automobile, aviation manufacturing (especially defence related), space related products manufacturing, communication instruments, power, dairy products, chemicals, alcohol, spirit, power, paper, textiles, paints and many more companies may be doing better because of their performance, this may include IT and entertainment etc.
Range bound trade or Mixed day will be better for the day. Possibly within 150 points trade range for the Nifty will be better.
Indian Rupee may trade in between 82.10 to 82.90 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