Nifty Prediction : Nifty may trade within close range | 19300 to 19425 for Nifty

Daily Forecast – Share Market – August 23rd, 2023

Nifty may trade within close range | 19300 to 19425 for Nifty

Surya with Ketu leads the day, well supported by Mars, Rahu, Jupiter, Mercury and Venus. Indications are – cues from foreign market may give impact on our market. Pressure on upper levels and buying from lower. Nifty may try to hold the levels of 19300 and pull back to 19425 or so.

Many planets are active, importantly entire horoscope will remain active. Two planets are retrograde, market may play in a tricky way. Third planet lord of the share market and banks is heading for retrograde transit. Speed is slowing down, so movements of the market may remain within close range.

Areas like automobile, power, infrastructure, reality, defence, space, (look for opportunities) in IT, entertainment, automobile tyres, insurance, sea related segments, chemicals, alcohol, spirit, non-traditional segments, electronics and electricals, electronics, communication instruments etc. may remain active.

Trade for a range bound intraday. Avoid traps. Nifty may remain within the range of 19300 to 19425.

Indian Currency

Indian Rupee may trade in between 82.50 to 83.40 per USD.

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

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