Nifty Prediction : Nifty range – 23100 to 23475 | Sell on rise possible | Watch results
Daily Forecast – Share Market – May 13th, 2026
Nifty range – 23100 to 23475 | Sell on rise possible | Watch results
Saturn with Ketu leads the day, well supported by Sun, Mars, Rahu, Jupiter and Venus. Lord of banks and share market is heading for total combustion stage – just 1 degree and 45 mins away from Sun. At the same time Jupiter may also behave like Mercury at one stage of the day. So, watch banks and financial institutions, suddenness in share market.
Malefic planets are controlling strongly, lord of share market and banks/financial institutions is under pressure, unable to give support or direction to the market. Indications are again; we may see some selling on upper levels. Nifty may test 23100 to so. Chances of looking for 23475 also possible.
Keep a strict watch on Banks, financial institutions with care, this may give some impact on the market.
Main concern for the current period for our market is energy issues, falling INR, indicating high inflation is ahead, expect some more tax burden or other levies directly or indirectly from the government. Second issue will be increasing losing jobs for white collared employees (technical), third loss in demand of many products, expenses Vs. return of common man will be critical. Possibly per capita income may remain suspicious, so this market has to reflect such issues either in current period or in coming period.
At the moment only defence related segments looks better.
Watch Precious metals, sudden moves also possible.
Crude oil may remain around 104-109 USD. Use the day with care. As and when required book profit. Its not a time to enter for long term.
Indian Currency
Indian Rupee may trade in between 95.20 to 96.00 per USD.
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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
Categories: Share Market
