Daily Forecast – Share Market – February 27th, 2024

Confused emotions Possible | Nifty may show consolidation (within range)

Moon with Rahu leads the day, well supported by Mercury and Venus. Remember, lord of share market and banks is now just 2’ away from total combustion. Hence, support from the lord Mercury is not possible. Impact we have seen in previous working day.

Rahu and Moon may give volatility or Mixed day is possible. Sudden changes in the mood or emotions. Or market may show consolidation during this period. But some profit bookings also possible on upper levels. Still market was able to hold 22000 of Nifty.

Crude may hold levels around 81-84 USD. INR may show movements comparatively better than previous weeks.

Stop-loss for 22000 in Nifty will be better. Lord of IT, telecom, e-commerce related etc. may show some confusion, because lord Moon will be in the closest degrees with Ketu as the day progresses, which may give confusion/low feel etc. indicates pressure or trimming.

I shall suggest to trade within small range of the trades.

Movements in many segments. Watch with care banks and financial institutions along with IT. Both the segments are key for Indian market. Segments like green energy and related areas may be showing movements.

Nifty may remain within range of 22000 to 22200 of Nifty.

Indian Currency

Indian Rupee may trade in between 82.60 to 83.10 per USD.

Please like my Facebook page @ https://www.facebook.com/AnoopAstroSutra.

** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.