Nifty Prediction : Nifty may test 22000 and look for 22200 | Sell on rise

Daily Forecast – Share Market – May 14th, 2024 Nifty may test 22000 and look for 22200 |Sell on rise Volatility chances increasing Sun with Saturn leads the day, well supported by Moon, Jupiter (combust), Mercury, Ketu and Venus. Transit of Jupiter in lagna of horoscope of India. Election is cause of concern for the nervousness or careful approach in the market. Still 21 days to go for the results and for Opinion polls 17 days to go (just for idea’s sake which may be tricky because of medias approach). Global cues may also show some volatility in our market. FIIs are also reacting towards elections of India. Market may play some tricky moves. Casual traders must trade with care. This may give an opportunity to sell on rise. VIX (volatility index of India) is rising – that means volatility chances in the market may again increase. Be prepared for volatility. Confusing news from various resources related to fourth phase of election and preparation for fifth phase. I must say that market may look for 22200 of Nifty levels and stop loss on upper levels will be better – that means sell on rise, and on lower side nifty may look for 21950 or again test 22000. Movements in many segments may be seen because of corporate news or other news. Watch automobile, reality, infrastructure, power, textiles, leather, engineering, finance, IT, communication, entertainment, oil exploration and marketing, dairy, logistics, space, […]

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Nifty Prediction : Stoploss at 22125 and 21900 | Sell on rise possible | Volatility on lower side

Daily Forecast – Share Market – May 13th, 2024 Stoploss at 22125 and 21900 | Sell on rise possible | Volatility on lower side Turbulence due to elections ! Jupiter with Sun leads the day, well supported by Moon, Saturn, Mercury, Ketu and Venus. Importantly, lord of share market ups and downs with Profitability according to India’s Horoscope, is combust and heading for totally combustion, and from tomorrow will be in total combustion one, which may give sudden changes, but possibly within range. Crude oil may remain within the same zone of 80-84 USD. Question is – is market tired or afraid of the results of election. Always expect unexpected. Nation will be completing almost 2/3 of election process. Which may give impact on tomorrow’s market. Keep a watch on Volatility index (VIX), to check this volatility chances. Sell on upper levels possible. Although planetary position indicates that careful movements possible for the day, which may give dullness in the market. Global markets may remain better. Elections in US may give relationship drama in various nations with US, which may give turbulence in the global market. Proper indications for our market will be after June 2024, when Saturn will start transiting retrograde. Volatility towards downside will not be surprising. Trade on result basis of various companies. Sell on rise. Nifty may test 21950 and it will be better to use stoploss on upper side around 22125 and on lower side […]

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