Nifty Prediction : Pressure on upper levels possible | Buying from lower not a surprise
Daily Forecast – Share Market – May 20th, 2026 Pressure on upper levels possible | Buying from lower not a surprise Rahu, Ketu with Jupiter leads the day, well supported by Sun, Moon and Mercury. Issue can be sudden movements, possibly some rise. Keep a watch on crude oil and INR. Global market may show negative indications for gold and silver also. Whereas local market for silver and gold may have some different impact because of local reasons. Market may show pressure on the upper levels. Now Nifty may show volatility and in the range of 23200 to 23700. Chances of impact on banks and financial institutions because of news from RBI may give impact; keep a watch. Gulf issues have disturbed the economy of nation and for many nations because of crude oil crises. I still remember recession of 1929. That time it was after world war, this period is under pressure because of Tariffs, migration issues (same as 1929), war and sanctions, unpredictable behaviour of certain leaders of nation(s). If the same situation will persist then certainly, we are heading for the recession like 1929. Our reliability on Petroleum (crude oil and LNG) for energy purposes, is harmed by this US Iran war. World is now entered in fall of GDP (Global). Inflation and fall of INR and crude oil crises will be affecting the economy of nation. Time is to watch the trades with care and use […]