Nifty Prediction : Pressure on upper levels | Nifty may test 24575 | Wait and watch News

Daily Forecast – Share Market – March 6th, 2026

Pressure on upper levels | Nifty may test 24575 | Wait and watch News

Jupiter, Saturn with Rahu leads the day, well supported by Mars and Venus. Global cues may play some important role during the day. Keep a watch on the news related to foreign agreements, deals and other issues like war or global confrontation etc. Importantly, lord of banks, finance/financial institutions and share markets are close to total combustion, which means possibility of sell on upper levels can be seen or pressure on the upper levels.

Sudden moves may surprise the market, so it will be better to watch and sell on upper levels. Coverage from lower levels not denied, but pressure on upper levels can be seen. FIIs are still building pressure on the market.

Since, crude oil has moved to 84 USD, which may have negative impacts on global economy. US has indicated about next target after Iran.

Stoploss at 24475 will be better. Index trades can be tough. It will be better to watch the trade with care and wait to allow the settle down the market. Banks and financial institutions – better to watch and avoid trades on upper levels. It will be better to watch for lower levels. Allow the market to settle.

Pharmaceuticals, defense, chemicals, alcohol, metals, silver and gold (at lower levels), we may see chances of settling down for the direction after 17-03-2026.

Nifty may remain within 24575 to 24775.

Indian Currency

Indian Rupee may trade in between 91.20 to 92.00 per USD.

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

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