Nifty Prediction : Suspicious and deception possible | Volatility expected | Watch funds
Daily Forecast – Share Market – September16th, 2026
Suspicious and deception possible | Volatility expected | Watch funds
Mercury with Jupiter leads the day, well supported by Sun, Moon, Mars, Rahu and Ketu. Volatility is possible during the day. Global situation may remain tough. Again, financial issues, banks etc. may remain important to decide the trend of the trade. Geo-political situation may remain troublesome for the purpose of market, economy, and energy purposes. Possibly, Mix day during the business hours.
Crude oil prices may see some profit booking or weakness. But this does not mean that energy crises will be over. Any time crude oil may look for $110.
Nifty may remain around 23000 to 23200. Avoid long trade for a while on the upper side. Be careful with your funds. At the same time gold may also face some range bound trade.
Watch news related to automobile, UPI related that means trade related to companies like Paytm may show movements. Use the day for the coming period. At the same time wind based or nontraditional energy companies may also show movements. Keep a watch for the companies related to such segments.
IT may remain weak, but keep a watch on companies whose vision is different than service industry (I mean avoid companies working based on head count basis). I know mainly leading IT companies are working on headcount basis.
Global cues may not remain comfortable because of West Asia conflict. Remember, for common man, small traders, small vendors may face further issues in the coming time.
Watch news/information related to economy of nation; finance related news may remain important.
Midcaps and small caps may remain active. INR may show weakness once again and may look for 96+ against USD.
Indian Currency
Indian Rupee may trade in between 95.60 to 96.40 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
