Daily Forecast – Share Market – April 15th, 2024

Nifty may test 22400 | Watch Geo-political situation

Jupiter with Mercury leads the day, well supported by Moon, Venus and Ketu. Importantly, Mars and Saturn are transiting within one Navmansha distance, impact of Geo-political situation is getting tense. Which may give impact on the market. Impact of solar eclipse is also influencing geo-political situation.

Our market may also be influenced with this geo-political situation.

Nifty may show negative impact. Volatility is possible. Lord of share market is falling planet, but again trying to protect own house of share market. That means fall or dip is possible but will be holding the levels. Nifty may show 22400. Opportunities at lower levels also possible.

Crude oil may show some rise, possibly due to geo-political situation. Government data may give some news to the market for recovery. But nation has moved in election mode, so it will be better to cast your vote and trade wisely. Watch political situation closely (national and international), because chances of Utha-patak possible.

It will be better to focus on quality companies, despite of their today’s movement (for investors). Traders can be watchful with indexes.

Gold is rising. That means this may increase investment in gold, and may give impact on stock market (global) in coming period (chances).

Nifty may test 22450 and look for 22600 or so.

Volatility is possible.

Indian Currency

Indian Rupee may trade in between 83.10 to 83.90 per USD.

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