Daily Forecast – Share Market – March 28th, 2024

Nifty may test 22025 and look for 22250 | Sudden changes possible

Rahu leads the day, well supported by Moon, Jupiter, Saturn, Mercury, Venus and Ketu. Importantly, Lord of share market will be losing its speed for us, because will start transiting retrograde from 01-04-2024. Secondly, today is last working day of the week and monthly expiry. Last working day before extended weekend.

These may give impact on the share market, whereas Rahu may try to give suddenness and may give unexpected movements at any moment. Which may give better levels to the market. Even then market may test 22025.

Crude may maintain the levels around 85-88 USD. INR may be losing its base.

Areas like financial institutions, oil exploration, retail or company which is holding all these segments, power, automobile and automobile tyres, sugar, textiles, leather, paper, cement, infrastructure related, space, watch IT, carbon black, batteries, chemicals, and many more may be showing movements along with communication instruments, etc.

Nifty may try for 22250 and may test 22025.

Indian Currency

Indian Rupee may trade in between 82.80 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.