Nifty Prediction : Nifty range 19500 – 19700 | Sell on upper levels possible
Daily Forecast – Share Market – October 9th, 2023
Nifty range 19500 – 19700 | Sell on upper levels possible
Dip in coming period not surprising
Moon, Mars with Ketu are leading the day, well supported by Rahu, Mercury and Venus. Lord of foreign lands is giving strength to own house but in exchange with Out going Rahu and Ketu. Indications for the deteriorating situations for geo-political and war situations (as we are aware of Israel and Philistine area). Solar eclipse out of India is ahead. So, fluctuations and deterioration in the economic situation. This may further influence energy and other related segments.
Market may show buying from lower levels and sell on upper levels. Solar eclipse may give impact on global market in coming period.
It will be better to trade with watchful guards. Reason is sudden pull or dips possible in the coming 40 days-time period.
Watch edible oil, defence, aviation related including radar, drone, space, automobiles, crude oil (watch), power, renewable energy, wind energy or green energy related areas, it will be better to focus on non-traditional segments, Keep watch on IT, communication, chemicals, alcohol, oil marketing companies, and many more. Tiredness can be seen or watchful emotions (global situations because of Israel and Philistin). Crude may further give movements.
Nifty may remain within the range of 19550 to 19700.
Indian Currency
Indian Rupee may trade in between 82.70 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: Daily Panchang, Share Market
