Daily Forecast – Share Market – March 14th, 2024

Nifty may remain within 21750-22150 | Trade with care

Rahu with Jupiter leads the day, well supported by Moon, Mars, Saturn, Mercury and Venus. Remember today is expiry of week. Importantly Jupiter and Rahu both are leading the day, indications for volatility possible. Banks and financial institutions are not supportive (it seems). It will be better to use stoploss of 21750 for Nifty and on the upper side better to look for 22150.

Geo-political and financial situation is not so strong. Copper and crude may show some upside movements.

Keep a watch on leading groups and companies of nation, which may influence the local market, because of new movements (their internal).

Casual traders should trade with care, it will be better to wait and watch. There are few days, when trades can be checked or avoided (as and when required).

Areas of action – entire horoscope is directly and indirectly active, so ups and downs in almost all the segments may be seen (as it was in previous day’s trades).

Nifty may remain within the range of 21750 to 22150. Volatility possible. Look for opportunities at lower levels or economical rates. Crude oil may remain within the range of 82-86 USD.

Indian Currency

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

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