Daily Forecast – Share Market – March 15th, 2024

Watch news based segments |Nifty range 22000-22300

Rahu leads the day, well supported Sun, Moon, Mars, Jupiter, Saturn, Mercury and Venus. Importantly, Rahu one of the most unpredictable planet, and can give sudden movements. Possibly some recovery from lower levels. IT is still not much supportive, similarly banks are also not supportive as they should have been.

Lord of share market is trying to hold the levels and support the market. Politically, it is assumed as confirmed as same government may repeat after general elections. So, Nifty may hold or try to protect 22000. On the upper side Nifty may try for 22300 levels.

News related companies or segments like petroleum marketing companies and Paytm (news based). This may give some impact on banks like Yes bank (again based on UPI news – nothing to do with astrological data).

Solar energy, water related, EVs related segments, batteries, tyres, power, metals, watch gold, silver also, chemicals, coffee, Leaf based segments, dairy, bakery, food related, agriculture based segments – may include fertilizer, sugar and many more along with defence and aviation including drone, electronics and electrical equipment may remain active.

Watch trade with care. Casual traders – look for better opportunities at lower rates, watch next week also.

Nifty may test 22000 and look for 22300.

Indian Currency

Indian Rupee may trade in between 82.60 to 83.20 per USD.

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