Nifty Prediction : Nifty may look for 20200 | Stop-loss important | Foreign News IMP.
Daily Forecast – Share Market – September 15th, 2023
Nifty may look for 20200 | Stop-loss important | Foreign News Important
Sun with Venus leads the day, well supported by Moon, Mars, Rahu, Ketu and Mercury. Importantly, Sun will be moving in Virgo sign and Mercury has started transmitting direct. Lord of foreign lands is strong, so chances of support from global cues may remain better.
Nifty is ready to look for 20200 or so. Crude may further show upside movements. Possibly crude may look for 95 USD. INR may show some weakness further.
China may show some movements or indications for betterment. Because of their planning to retain foreign investments and they have started funding in the market, to increase demands etc.
It will be better to enjoy the movements. Weekend may show some better feelings before going for weekly enjoyment.
Political strategies may be important in coming week. If general elections will be held in early months – not be surprising. Because Jupiter transit will be in Lagna of India’s horoscope, which is malefic for this horoscope.
Automobile, crude oil, logistics, power, infrastructure, defence, aero-space related segments, IT, banks and financial institutions, engineering, alcohol, non-traditional, chemicals, solar energy along with wind energy, dairy, leaf-based segments, coffee, fashion, automobile tyres, crude oil exploration, pharmaceuticals, textiles, leather and many more segments may show movements.
Nifty may look for 20200. This does not mean that one should ignore stop-loss. Which is important, because of two retrograde planets and Rahu-Ketu in action.
Indian Rupee may trade in between 82.60 to 83.50 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