Nifty Prediction : Nifty may look for 19525 | Sell on upper levels expected
Daily Forecast – Share Market – October 20th, 2023
Nifty may look for 19525 | Sell on upper levels expected
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Mars, Venus and Ketu are leading the day, well supported by Rahu. Crude oil may again roam around 91-95 USD. Importantly foreign cues and outside conditions may give its big impact on the market and again Nifty may show Pressure on the market or better to say, market is now bit shaky because of Israel and Hamas issues, other nations may involve in coming period, which may give impact on crude oil also.
Nifty may test 19500 or so. This festival period is different, and market is facing pressure on various sessions. In between, we may see some recovery from lower levels, but that can be suspicious. Importantly US bonds may remain better, which indicates weakness or suspicious gains from share market.
Astrologically, lord of the share market and banks is totally combusted. During the day, degrees of lord of share market and Sun will be same and negligible distance. That indicates that lord will be unable to protect own houses.
Governments of various nations may have some financial issues and may try sell their bonds to collect money from the market. China is also having some issues along with US.
Time for the week is bit tricky. It will be better to protect funds, to buy at lower levels in coming period. Casual traders, avoid traps by the Giants in coming days.
Segments few planets are directly guiding for action, but indirectly almost entire horoscope is active with Shatgrahi yog. So, this may give sharp move also (chances).
Nifty may test 19525. Pressure in the market, sell on rise or at above 100 points of Nifty from current levels of Nifty.
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.
Categories: Daily Panchang, Share Market
