Daily Forecast – Share Market – February 15th, 2022

Banks may remain interesting | Range of Nifty 17800 to 18000

Moon with Mars is leading the day, well supported by Mercury, Saturn (combust), Jupiter, Ketu and Rahu. Indications from foreign market and nations may again give indications for Mixed performances. Whereas Moon and Mars are forming very strong relationship, which means impact on defence related issues and trades may remain important.

Yesterday was a very decent day, after a gap. Market has crossed levels of 17900. Which is important and Nifty may try to hold 17900, if it breaches this level then may fluctuate. Initially, we may see trimming on the upper levels. Nifty may trade within range of 17800 to 18000.

Now the point is – will Nifty March towards 18000? Results of the quarter may also be affecting equity wise.

Unexpected movements may be possible at any moment of the time during the trade.

Banks may show some interesting movements and which may give direction to the market. At the same time aviation, IT, logistics, travels, communication, chemicals, dairy products, food products, bakery, alcohol, spirit, communication instruments, space related, oil marketing companies, and many more may remain active.

Whereas please keep a watch on leather, textiles, paper, and many other segments.

Nifty may try to maintain 17900 or better to say hold. Nifty may try to look for 18000. But importantly Saturn is totally combust.

Indian Currency

Indian Rupee may trade in between 82.20 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.