Daily Forecast – Share Market – September 14th, 2023

Nifty may look for 20100 or so | Look for Opportunities at lower

Venus is leading the day, well supported by Sun, Moon, Mars, Rahu-Ketu and Mercury. Indications for the day are that local issues and cues may be having own strength or movements. Foreign cues may be better, I agree that crude oil is rising and may look for 95 USD in coming period.

Importance of banks and financial institutions will be important for the day and coming period. Nifty is ready to look for 20100 or so. Again, by on dips may give some better gains.

Entire horoscope is active. I agree that three planets are still retrograde, so advantage or sudden movements under weakness or adverse conditions.

Many segments are active or better to say, entire horoscope is active, which means movements in almost all the segments. It will be better to look for the better stocks and opportunities in IT and defence (if any) for long along with banks and financial institutions.

Pharmaceuticals, textiles, power, leather, insurance, non-traditional segment, alcohol, spirit, leaf-based, coffee, fashion, gemstones, tin and related segments, automobile, automobile tyre, paints, aviation related defence systems, chemicals, health care, and many more may remain active. Because all the segments may remain active.

Nifty may look for 20100 or so. Look for Opportunities at lower levels.

Indian Currency

Indian Rupee may trade in between 82.40 to 83.30 per USD.

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