Nifty Prediction : Watchful day | Planetary movements ahead | Sell on rise strategy better
Daily Forecast – Share Market – March 29th, 2023
Watchful day | Planetary movements ahead | Sell on rise strategy better
Rahu with Mercury leads the day, well supported by Saturn, Ketu and Venus. Day for monthly expiry. Tomorrow is holiday for the market. Sentiments are not good. Someone may say that market is still under fear – due to for the coming issues in the market. Market is showing silence from cues. But Planetary position – tomorrow evening Jupiter will be combust, which is affecting trade market.
Mercury will move in Aries sign on 30-03-2023, which means that lord of share market will not be giving support to own house.
This means look for the opportunities to sell on rise. Nifty may remain within the range of 17100 to 16800.
Dull day possible. Rahu may give sudden moves but remember, planetary changes are ahead. It will be better to play safe.
Keep a watch on FIIs, they may look for buying in cash again. But be watchful.
Crude is heading for 80 USD in Brent. Companies may show movements based on news but will be for the day. Segments for Banks will be under watch. Currency is holding the base of 82 INR against USD.
Trade – sell on rise will be better. Market may look for 17100. Range of the trade may remain within 16800-17100.
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.
Categories: Share Market
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