Daily Forecast – Share Market – March 23rd, 2023

Weekly Expiry – test 17000 of Nifty | Changes possible after 14:07 Hrs (IST)

Ketu, Rahu, Saturn with Mercury are leading the day, well supported by Mars. Importantly, various reasons may affect the banking and flow of currency. That means foreign nations are indicating that inflation is on the higher side.

Global cues may not be supportive for the market. Nifty may try to test 17000.

Possibly, globally they may expect this situation at least for next six months or so (till Rahu/Ketu moves to Pisces and Virgo sign respectively). But during this period Guru-Rahu chandal yog will also be forming (in coming period). So, I do not feel that coming period may not be comfortable for economic/geo-political situation.

I am not very feeling good for the sudden rise in the market. If it will be that may be possibly because of certain people or giants may try to recover their funds etc.

Gold and Property may have better opportunities than this market for investors.

FIIs may give indications for the next week. Profit bookings possible on upper levels – possibly in between 17125-17175.

Crude may look for 76 USD. Currency is also within range of 82-83 INR against of USD.

Market is trying to hold the levels, but because of various economic and other political (geo and local) – it is tough to hold the levels. We may see changes after 14:07 Hrs (IST)

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.