Daily Forecast – Share Market – May 22nd, 2026

Trade with care | Buying from lower possible | Nifty range 23500-23700

Mercury, Ketu with Rahu leads the day, well supported by Sun, Moon and Jupiter. Keep a watch on IT, banks and financial institutions, power, dairy, leaf based etc. Emotions of the trade may show some courage, but other situations like geo-political and sentiments related to the economic and energy related issues may not allow market to take stable movements.

Nifty may again remain in between 23500 to 23700. It may show some recovery from lower levels, but pressure on upper levels can be seen. Areas like textiles, chemicals, leaf based segments like tea, rubber, solvents, sugar, and related segments may show movements. Keep a watch on edible oils. Because of support from government, petroleum and gas marketing companies may show movement.

Keep a watch on rare earth materials – like rare earth movers may show movements. Price hikes possible in many segments like automobiles, edible, dairy, and many more products related to daily consumptions like Biscuits etc.

Movements are possible. But keep a watch at the time of closing. Also watch global activities. News related to banks or from RBI or from department of finance may give impact on the market.

We are trading on the last day of the week. Next week will have monthly closing, etc. market may try to prepare likewise activities. INR may look for 97 in coming days, despite of support by RBI etc. Again, central bank of nation may act like bank a bank supporting government, which may give some impact on RBI (central bank of nation).

Confusion related to geo-political situation may continue or better to say is not easy to solve. New geo-political issue may develop in coming months. After June 2nd, this year, Jupiter will be moving in Cancer sign, so impact on Judiciary related news may give new impact on the political activities, I believe, this month has already activated accordingly, because is close to Cancer sign.

New issues related to various issues may disturb the market. Remember, main investors from IT industry may further effect negatively on MFs and SIPs in coming months or time. Which may give sudden impact on the market in coming time. So, before going for long, study to company and all the aspects, so that chances of backfire may be minimized.

Nifty may remain within range of 23500 to 23700. Asian market may remain supportive. Crude oil may maintain around 104-109 USD, despite of fall upto 102 USD on previous night. Reason – settlement between Iran and US may crate confusion.

Indian Currency

Indian Rupee may trade in between 96.00 to 96.70 per USD.

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