Nifty Prediction : Buy on dips and sell on rise | Look for Opportunities

Daily Forecast – Share Market – March 25th, 2021 Buy on dips and sell on rise | Look for Opportunities Moon with Mercury & Saturn is leading the day, well supported by Mars with Rahu. Global cues may show better moves, but still better to trade with care. Global health issues are not supportive. Tomorrow is last working day before a long holiday. Today is weekly and monthly expiry. Nifty may trade near to previous day’s closing and may try to recover from lower levels. It will be better to trade stop loss of 14400 of Nifty and try for 14700 in Nifty (which may be tricky). Globally, traders may try to pull out of certain segments where a good run was seen during the year, which may give some issue with IT and others. Keep a watch on FIIs, they are not giving positive indications. CORONA cases are rising and Holi is ahead which will give gathering in many places, this may be tough for COVID purpose. Next week will have only three working days. Keep an eye on the same. Keep a close watch on Judiciary decisions. Anyways, IT has shown a big runup after last giant dip of 24-03-2020, I agree that all the segments have shown good run, but IT, communication etc. had performed really extra-ordinarily, because these companies have performed during the lockdown period regularly and earned revenues and saved their overhead expenses also. Now, […]

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Nifty Prediction : Range bound (+/-) 175 from Previous close | Opportunities either side

Daily Forecast – Share Market – March 18th, 2021 Range bound trade (+/-) 175 from Previous close | Wait for Opportunities either side Moon is leading with support of Jupiter, Saturn, Mars, Mercury and Venus/Sun. Indirectly entire horoscope is active, Rahu and Ketu are also active because of Mars. Exalted Venus is in the shadow of Sun, and only 2 degrees away from Sun, heading for total combustion. INR is enjoying its position, which may be helping local market. Although, foreign cues will also be supporting emotions of the market. It seems that buying from lower levels can be seen. Let the market settle down for one hour, if will retain levels of 14850, then chances will be better for upper levels. Wait for stability. COVID is creating concern in India. It will be better to be watchful in person and market also. Foreign cues can be a trap for a while, buying from lower levels and sell from upper levels. It will be better to say that range of +/-175 points from previous closing will be better. Activities in all the areas can be seen, because all the planets are active. Look for opportunities in Automobile at lower levels with Infrastructure, reality and metals etc. IT, communication, internet based entertainment, e-commerce and other related services may remain active in coming period. I will look for such products for long run, reason is – in COVID effected period, such service […]

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