Nifty Prediction : Nifty may try to hold levels | Pressure on upper and buy on dips

Daily Forecast – Share Market – April 17th, 2026

Nifty may try to hold levels | Pressure on upper and buy on dips

Saturn will lead the day, well supported by Sun, Rahu, Ketu, Jupiter, Mercury and Venus will be supporting the day. Nifty may try to maintain the levels, watch towards Geo-political activities. Remember Rahu and Ketu may give ups.

We may see pressure on upper levels. Keep a watch on Midcaps and small caps along with large caps. Indications are clear that crude oil may inch up during the day. In fact crude oil crises/energy crises is hurting globally. Next threat can be for food crises (globally), because of disrupted logistics chain and energy reasons. This disturbance in energy, may hurt industrial production (in coming time).

Loss of jobs may increase in coming time, which may hurt banks and EMIs etc.

Buy on dips can be seen during the coming time. Remember, we are trading on weekend, whereas geo-political situation is under crises, although they are trying to patch-up the situation (repairing of such situation is not possible in short time).

Watch banks and financial institutions, with care.

Crude oil may remain below 100 USD. Gold and Silver may look for opportunities. Silver may try for 80 USD in coming time. Previous gold segment – IT, not comfortable.

Activities may remain unpredictable.

Indian Currency

Indian Rupee may trade in between 92.90 to 93.70 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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