Daily Forecast – Share Market – February 19th, 2024

Market looking for New levels | 22100 or so for Nifty Expected

Stop loss at 21900 | Sudden changes or wave after 1 hour of Opening (chances)

Rahu, Mars with Moon are leading the day, well supported by Sun, Mercury and Venus. Importantly, Rahu may show some changes or sudden movements. This is also important that impact of geo-political, movements activities may be seen on global market. Crude oil may also show some upper side movements towards 84 USD or so.

Buy on dips.

Importantly, Market may show sudden movements after one hour or so. Keep a watch on FIIs also. Banks with IT may be playing role during the day.

Nifty may try to 22100 or so. Wave is also expected in coming days. Space, travels, logistics, and communication with aviation etc. may be doing better in coming days (watch with care).

Non traditional segments, alcohol, fashion, automobile, infrastructure (company wise), defence related, foreign trades (impact of various activities – keep a watch – global news), impact on wind and solar energy can be better, entertainment related, electronics and electricals may be doing better or prepare to do some better.

This week may show volatility and waves also. Watch and ready to move ahead.

Nifty may look for 22100 or so. Wave or sudden movements after one hour not surprising.

Indian Currency

Indian Rupee may trade in between 82.60 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.