Nifty Prediction : Buying from lower & pressure on upper possible | Nifty may look for 16200

Daily Forecast – Share Market – May 26th, 2022 Buying from lower & pressure on upper possible | Nifty may look for 16200 Sun with Saturn is leading the day, well supported by Moon, Mars, Jupiter, Mercury (Rx) and Ketu. Saturn is giving indications for punishing global economics etc. It may harm life of living beings (including human) – may be due to human errors or harming nature or some other ways, which may hurt human relationship due to religion or otherwise. Food crises, water crises, energy crises and economic crises is possible (globally), which may further affect job market, increasing unemployment. Which may hurt purchasing power, and energy crises. That means before going for long, we must be watchful and cautious. I do not mean to say avoid the daily moves. As today, Market may show buying from lower levels, despite of weekly and monthly expiry. Pressure on IT, communication, and related segments. Possibly due to profit bookings on upper levels. Areas like automobile, energy, power, coal, pharmaceuticals, textiles, leather, engineering, financial institutions (ups and downs possible), keep a watch on metals/steel, watch on USD, sea related areas, research and space, laboratories, chemicals, communication instruments, entertainment instruments, and many more may show some buying from lower. Geo-market situation better, look for buying from lower.  Be ready to sell on upper levels (as and when required). Indian Currency Indian Rupee may trade in between 77.00 to 77.90 per USD. Please […]

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Nifty Prediction : Wait n Watch | Market deceptive | Watch news from Government

Daily Forecast – Share Market – May 25th, 2022 Wait n Watch | Market deceptive | Watch news from Government Saturn with Sun are leading with support of Jupiter, Mars and Ketu. It is clear that because of conjunction of Venus and Rahu, we may get confusion from foreign cues, so it will be better to focus on our own base. This will be good for the long term also.

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Nifty Prediction : Nifty looking shaky | Local cues are not so impressive | Wait n Watch

Daily Forecast – Share Market – May 24th, 2022 Nifty looking shaky | Local cues are not so impressive | Wait n Watch Sun, Saturn with Jupiter are leading the day, well supported by Ketu and Mars. Foreign cues may remain mixed, which may give impact on our market also. Inflation and pressure on GDP (India and through out the globe), may give indications for the recession (chances). Saturn is indicating for the punishment to almost all the nations. Two years and on of COVID, Ukraine and Russia war, which gave impact on food and energy. Today’s market may show some ups and downs, with opening close to the previous day’s closing. It’s a time to keep your money intact and allow the market to settle down for more than 100 points of Nifty from the closing levels of previous day (I mean if market settles above this mark). Otherwise, market may show shaky movements. Higher manufacturing cost due to energy, logistics and other reasons, companies are not in a position to show financial gains during the past quarter(s). Mainly due to poor demand and higher manufacturing costs etc. Job market is also poor, new opportunities are not good, reason is many companies are getting financial support from out of India, because of their financial weakness or some crises, they are neither in a position to go for good hiring and not in a position for expansion. I believe market […]

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