Nifty Prediction : Nifty may cross 22000 levels | May open way for 22200 | Retail traders Key for levels
Daily Forecast – Share Market – February 7th, 2024 Nifty may cross 22000 levels | May open way for 22200 | Retail expansion is Key for the levels As mentioned in my post on 30-01-2024, that market is preparing for 22000 of Nifty. Today planetary position indicates that market may move ahead of 22000 (Nifty levels). Venus and Sun are leading the day, well supported by Moon, Mars, and Rahu. Lord of lagna of India’s horoscope in a very strong position for the day, with the lord of cabinet ministers. This may give today’s run for the market. Planetary position indicates that political stability or confidence is giving thrust to our stock market, despite of many global disturbances (political). US is facing debt issues, individuals may be facing cash crunch because of credit cards debts and other debts (loans etc). Point from this for us is – utilization of loans/debts are not bad, but entire individual economy should not be based on such system. SBI may be playing key role and some financial institution may come forward for a while for Paytm (news may be important). Importantly, Nifty 50 expiry (weekly tomorrow) may be around 22000 or above 22000. Many sectors may remain active, again banks, IT, infrastructure, automobile, non-traditional segments, sugar, textiles, agriculture and related areas with many more segments may be playing important roles. Nifty may cross 22000 around Nifty 50 expiry or may move ahead. Crude oil […]