Daily Forecast – Share Market – March 26th, 2024

Nifty may hold 22000 & look for 22200| Buy on dips better

Rahu with Moon leads the day, well supported by Mars, Jupiter, Saturn, Mercury, Venus and Ketu. Market will be working for three days only during the week. Yesterday was partial Lunar eclipse technically and was not effective in India. But partial impact on global areas. Impact was clear on US market. Reason is – eclipse was in India’s house of share market.

Even then I believe that some gains may be seen in coming period. Crude oil may be point of concern, at the same time we may see some rise in Gold prices. It will be better to invest in gold.

This Thursday is monthly expiry as well annual expiry, so important week. Market may show some resilient behaviour. Buy on dips or wait to settle down the market and look for opportunities.

Impact or news/cues from foreign markets may give impact on our market after lunch hours.

Companies related with electrical charging developments system may remain active.

I believe that Nifty may remain within the range of 22000 to 22175. Look for opportunities.

Many segments may be showing movements. Keep a watch in batteries, Political impacts on related segments/companies etc. may be showing impact in their companies like Jindal group etc. Watch textiles, power, energy and many more.

Nifty may remain within the range of 22000 to 22175/22200. Look for opportunities on dips.

Indian Currency

Indian Rupee may trade in between 82.90 to 83.60 per USD.

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