Daily Forecast – Share Market – September 26th, 2023

Nifty range of 19600 – 19725 | Watch Indo & Geo-politics n economic news

Mars with Venus leads the day, well supported by Sun, Rahu, Ketu and Mercury. Indications are clear that day will be influenced with the foreign cues (trade, business and political) along with the influence of local cues (all the issues). Watch with care and market may show some ups and downs as it was on previous day.

Sentiments of the market are still under confusion or expecting pressure (economical and political issues). INR may face pressure or may again hold above 83 against USD. Crude may maintain around 95 USD.

China’s real estate is facing financial crises. Major company is declared default in payments. Even then technical may be showing some thing different. But astrologically – Rahu/Ketu are regularly creating doubts in the market’s movements. Whereas lord of share market is indicating that in the first week and onwards for some period, lord of share market will be protecting own house that is share market. But before that – during this week some ups and downs around the previous closing levels.

Banks may show some movements, keep a watch on SMEs, defence, crude oil exploration companies, non-traditional segments, power, infrastructure at better rates, green energy, FMCG, agriculture produces, automobile and many more like healthcare etc. Movements in many segments may be seen, even then not much movements can be seen.

Nifty may remain within the range of 19600 to 19725. Watch bank and financial institutions with defence etc. Indo and geo-political indications will be important for the coming period.

Indian Currency

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.