Nifty Prediction : Nifty may test 22700 | Mixed Day | Foreign cues and Results Imp.
Daily Forecast – Share Market – October 22nd, 2026
Nifty may test 22700 | Mixed Day | Foreign cues and Results Imp.
Mercury, Rahu and Mars are controlling the day, well supported by Jupiter, Saturn (Rx) and Ketu. Venus is totally combust (within the distance of one navmansha from Sun), hence lagna lord is unable to support the horoscope. Watch the market with care.
RBI may again try to protect INR, but impact will be tough, because of deficit in trade balance. Impact on foreign reserves. Crude oil may again show maintaining of levels around $110 per bbl (Brent).
Gold Prices may remain around $4110 or so. Silver prices may remain in between $55-$60 per ounce.
Nifty may show pressure on upper levels and may test 22700. Possibly, buying from lower levels also expected in selected segments or companies. Impact of energy issues, inflation may go further up, which is already in double digit.
Refinery related companies may show movements on the upper side (news based). Watch FMCG, paints, automobile tyres, IT, defence, metals, engineering, sugar, pharmaceuticals, healthcare and many more may remain active. Keep a watch on companies like Persistent may remain better in coming time, alcohol, non-traditional like chips and AI linked companies may give better movements. Banks, financial institutions and sudden movement is possible.
Watch FIIs with care.
Results of many companies may again give impact on the movements. Nifty may test 22700 and some buying from lower levels also expected.
Indian Currency
Indian Rupee may trade in between 94.10 to 94.70 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
