Daily Forecast – Share Market – March 1st, 2022

Range for Nifty may remain 17200-17400 | Sell on rise possible

Rahu with Mars is leading the day, well supported by Saturn, Mercury, and Ketu. Again, impact of malefic planets will be on the higher side. Global cues may further impact our market, also poor GDP data. It has further dipped. Manufacturing field is showing very laziness.

Global cues are again on higher side. US bond market is again indicating for the negative impact on share markets. This may also affect global currency market.

When market is sinking or dipping slowly, then this may give emotions negative and weak hopes. This situation is harmful for investors and casual traders. It will be better if slash in the market is strong, then recovery chances will be bright and quickly (just like March 24^th, 2020).

Change in the market may be seen after one hour of opening. Nifty may try for 17400, if Nifty will test 17200 will not be surprising.

It will be better to trade with stoploss. Sell on rise will be better in my opinion. Nifty range may remain 17200-17400.

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.