Nifty Prediction : Nifty may be shaky | Again Foreign impacts will be Key | Watch n move

Daily Forecast – Share Market – September 27th, 2023

Nifty may be shaky | Again Foreign impacts will be Key | Watch n move

Rahu, Mars with Venus are leading the day, well supported by Sun, Mercury and Ketu. Global cues may again remain key for the day. Indications are not comfortable. Rahu is indicating some sudden movements on either side or surprising moves possible at any moment of the day. Whatever movements we may see – can be deceptive for the coming period.

Nifty is trying to hold 19600 time to time. But may either breach this level. Remember tomorrow will be monthly expiry day. So, market movements can be different than the expected. Rahu may play some crucial role. Stoploss at 19575 will be better on the lower side and opportunities to sell may be at 19700.

US and China are in economic trouble, because of debt management. US government had lifted loans earlier, that’s why Bonds are playing their role. China – reality company had indicated for bankruptcy.

Wind energy, others source of energies may be better, watch banks, IT (with care), textiles, automobile, power, logistics, automobile ancillaries, automobile tyres, crude oil marketing, lubricants, chemicals, Pharmaceuticals (with care) and many more with alcohol, communication instruments, and many more may remain active.

Trade with care. Nifty may swing at any moment in either direction. Impact of foreign cues and economic situation may give impact in coming period. Because of elections in 2024, governments are trying to hold by any means (in US especially).

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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