Daily Forecast – Share Market – March 3rd, 2022

Positive opening possible | Wait n Watch  

If possible, avoid Trade (casual traders)

Mars, Rahu with Mercury is leading the day, well supported by Ketu and Jupiter. Importantly Jupiter is winner in planetary war with Venus. Foreign cues are important or foreign related activities may give impact in the market. As US based funds managing organization has entered in Indian market and picked up INR 15000 cr. from the companies of Adani group.

Market may show possibly Positive opening. It will be better to wait and watch for the market movements. Possibly chances of profit bookings may be possible on upper levels. Although something to special, this fund management company has moved in or with the group.

Allow the market hold above 17450 of Nifty. Or it will be better to say that market is still in the range of 17500 to 17200. Trade with care. It will be better to wait for the day (if trading is not essential for you).

Next week some clarity can be seen.

Opportunities to book profits on upper levels possible, if purchased at lower levels. Market has heavily influenced with the lord of foreign events, activities related foreign lands and Rahu. Keep a watch in Banks and financial institutions etc.

Nifty may remain in the range of 17500-17200 of Nifty. Currency may show some improvement. Crude is still troubling to Indian market. Gas etc. are again troubling the common man. Which may further give impact on purchasing capacity of common man.

Indian Currency

Indian Rupee may trade in between 82.00 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.