Daily Forecast – Share Market – April 20th, 2023

Nifty may remain in 17575 to 17700 | Consolidation

Ketu with Rahu is leading the day, well supported by Moon, Venus and Mercury which is at slowest speed for us. Tomorrow this lord of share market and banks may start retrograde transit. Market may show very low gap movements. Or actual term is small range possible. Range is not even 1% altogether.

One can say that market is trying to consolidate. Today, world has passed through Solar eclipse. Weekly expiry day for the market. Indications may not be positive.

Global cues are also not good for the day. Our market is reacting to the quarterly results. Giant players of US are still firing employees, indicating that market is still facing financial crises for giant companies. This is not good for the common man.

In India, still unemployment is alarming. Trade deficit has some issue. IT is under pressure; planets are not supporting. Saturn is giving its justice. General elections of 2024 will also be in the Saturn’s concern. I mean that Shani dev may give his justice to the public. If we will be doing good, then results will be good. Even this is applicable for the ruler, public and others.

On 22-04-2023, Jupiter is moving in Aries sign.

Since, period is for planetary movements and changing their position, may give some changes in the trend of market from tomorrow and onwards.

Buy on dips still better. Pressure on upper levels also possible. Crude may slow down its movements at least for few days. China is indicating improvements in manufacturing and business sense. Inflation is also under control (as the data released). Astrologically, I had already mentioned that April 2023 onwards, their focus will be on karma only.

Nifty may be within the range of 17575 to 17700.

Indian Currency

Indian Rupee may trade in between 82.00 to 82.60 per USD.

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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.