Daily Forecast – Share Market – February 14th, 2023

Volatile Movements Possible | Sell on upper levels Possible

Mars with Saturn is leading the day, well supported by Sun, Moon, Rahu, Ketu and Jupiter. Importantly Sun has moved in Aquarius sign with Saturn and Mercury. This is clear that Saturn is totally combustion status. Again, I am afraid of combust Saturn’s aspect (Tedhi Drishti) for business results, or other issues like inflation, then global inflation. Market is still cautious. So, it may show Volatility.

Nifty may show buying from lower levels, but inflation and other data may give some impact on the market, so volatility is possible.

Global cues are giving impact on the opening, whereas our own data and position may give impact during the day.

Before going for long think twice, wait and watch. Strict stop-loss is important. Nifty may try to look for 17800. Big trade margin for intraday may not be seen (because of range bound trades, astrologically combustion of Saturday – it may punish at any time or give justice at any time).

Movements in many segments may be seen on either side. Rahu-Ketu will certainly show volatility.

Nifty may trade within the range. Pressure on upper levels possible.

Indian Currency

Indian Rupee may trade in between 82.30 to 83.00 per USD.

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