Nifty Prediction : Nifty may look for 22300 | Stoploss at 22000 better

Daily Forecast – Share Market – February 28th, 2024 Nifty may look for 22300 | Stoploss at 22000 better Watch government announcement and foreign cues Moon with Rahu leads the day, well supported by Mars, Mercury and Venus. Importantly, lord of share market and banks/financial institutions is in total combustion position during the day and for tomorrow also. Hence, impact of foreign cues will be important for our market. Moon may remain with Rahu, so emotions of the market may remain with ups and downs, foreign cues may remain important for our market. Nifty may look for 22300 or so, but volatility is also possible. Wave or sudden changes as the nature of Rahu, may give rise or dip to the market. Emotional movements possible. Banks – unexpectedly moved yesterday, now lord of banks and share market has crossed this Sun, so situation may start begin differently, I mean that possibly banks may get some support but volatility possible. Saturn – is involved in combustion (total) and planetary war with Mercury. This may give impacts on the market. Many segments may not be in decisive mood for support or dip. Segments like Banks, financial institutions, technology, defence, activities from government for export and import related segments (keep a watch in news), textiles, leather, paper may face some pressure or no support, alcohol, non-traditional segments, chemicals, leaf based segments, space, aviation manufacturing related to defence, and many more may remain active. […]

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Nifty Prediction : Nifty may look for 22300 or so | Buy on dips | Stoploss @ 22000

Daily Forecast – Share Market – February 23rd, 2024 Nifty may look for 22300 or so | Buy on dips | Stoploss @ 22000 Moon, Rahu with Mercury are leading the day, well supported by Mars and Venus. Importantly, foreign cues may influence the local market, that means market may show further run up. Nifty may try for further new levels. I mean Nifty may look above 22300, globally market is running on AI industry, that means India may show Indian companies working on AI may show good run-in future. Banks may be doing better although, lord of banks and share market is in the shadow of Sun, but next week may give some issues, because of combustion status of this lord. Chances of buy on dips will be better, although today is last working day before weekend. Saturn is combust, so I may prefer to be watchful for textiles, leather, paper and many more segments. Crude oil rates may remain around the same values. Stoploss at 22000 will be better but look for opportunities on dips for another 100 points of Nifty. Wait for longs in banks because coming period may be due to its lord, banks and market may face some dip. Add on dip, instead of chasing the market. Areas like IT, AI related segments, defence, electronics and electrical, EVs, Non-traditional segments, telecom segment, space, logistics, travels and travels, energy (non-traditional like wind etc), watch agriculture related […]

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