Nifty Prediction : Nifty Range bound | Waves expected | Sell on upper possible
Daily Forecast – Share Market – March 2nd, 2023
Nifty Range bound | Waves expected | Sell on upper possible
Watch Banks
Mars, Rahu with Mercury are leading, well supported by Ketu and Jupiter. Today is weekly expiry. Global cues are important, along with the bank’s movement. Swing is possible, despite of little bit lazy opening. Nifty may look for 17525. If sticks at this levels, then chances of rising for next level is also possible otherwise dip is possible. I have to comment like this because of Rahu’s strength during the day. Rahu may create smoke like situation at any time.
Aviation of defence may be in the line of movement, tomorrow, we may see some movements in IT. Since, there is planetary war in Venus and Jupiter, where Jupiter is defeated, in the early session of the day, later part this Venus will be under pressure. So, after second half possibly we may see some improvement in insurance. Crude may be showing rise in its prices.
Movements in Banks, aviation (defence related), space, oil exploration, transformer, electrical and electronics, exports, synthetic threads, cotton threads or cotton, FMCG, fashion, renewable energy, EV, automobile and many more with chemicals, drugs related to biological issues, and many more with logistics etc.
Nifty may show pressure on upper levels. Swing on either side is possible. Global news with political impacts possible during the day.
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.
Categories: Share Market