Nifty Prediction : Market under pressure | Watch for first two hours of session

Daily Forecast – Share Market – January 24th, 2022 Market under pressure | Watch for first two hours of session Sun with Moon, Mars, Saturn (Rx), Ketu, Rahu, and Venus. Indications are not much different than previous working day. It will be better to wait around 11:14 Hrs (IST), market may show some change in the momentum after. It will be better to wait for the direction indication after or around one and half hour (or so) of opening of market. Market may try to open with some pressure. Lord of share market has crossed Sun in retrograde transit position, still combust but for a day or so. I hope that, coming period may give better moves around the weekend and monthly expiry. Only point of concern will be geopolitical situation during the period. Possibly, after 2 hours of opening of market. Still global market’s reversal moves are giving some different and shaky indications. I believe that market may get support from some of leading organization, like banks and oil exploration with dealing with other sectors like communication, FMCG, entertainment etc. – company like RIL. I am still hopeful for defence, banks, automobile, infrastructure, textiles, power, renewable energy (budget session is ahead), logistics, chemicals, but financial companies are bit tricky, pharmaceuticals (due to pressure of over pricing may face issue), agriculture and many more electronic based companies, IT (few companies are now over pricing) so showing some correction – hence, […]

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Nifty Prediction : Nifty may show pressure | Trade in between 17850 to 18000

Daily Forecast – Share Market – January 20th, 2022 Nifty may show pressure | Trade in between 17850 to 18000 Ketu, Sun with Moon is leading the day, well supported by Saturn, Rahu, and Venus. Crude oil, corona cases are rising in nation. Global negativity is also rising. Gold prices are also rising. Geo-trade is under pressure due to inflation and other reasons. We may see impact of the same. I feel that on date sell on rise will be better. Nifty and bank Nifty may remain under pressure, possibly at least 5 days or till next week. Retrograde Mercury will be crossing Sun (possibly from Monday). Secondly, market may be preparing for the budget session, starting from 01-02-2022. Nifty may test 17800. Weekly expiry may remain in between 17850 to 18000. But sell on rise may give advantage to the traders and investors can look for opportunities for good stocks. Keep a watch on defence, automobile, renewable energy, EVs related automobile, batteries, electronic chips, solar energy etc. in coming days. Inflation and no check on related areas may give negative impact. Automobile tyres may also show pressure along with paints because of rise in crude oil prices etc. Logistics may give support to the tyres in coming period but passenger tyres segment may show some pressure. IT, IT related areas, e-commerce, space and defence etc. with chemicals and spirit, communication instruments, infrastructure, education related segment, and many others may […]

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Nifty Prediction : Volatility possible | Wait and Watch | Stop-loss Imp.

Daily Forecast – Share Market – January 19th, 2022 Volatility possible | Wait and Watch | Stop-loss Imp. Sun with Moon is leading the day, well supported by Venus, Ketu, Mercury, Saturn, and Rahu. Lord of India’s horoscope is retrograde and is transiting with the lord of foreign lands, indicating for the impact from foreign lands with be key for the day or trading purpose (this may include FIIs). It will be better to allow market to settle down at the earlier stage, allow the market to show pull back. If it shows dip, wait and watch. Allow the market to set the direction. Volatility, ups and downs possible. Budget session and global pressure is ahead. US and Japanese markets are in the mood of pressure. Bond yields from US may also play some role during the day. If Nifty tests 18000, will not be surprising for me. Even then I believe that market will be showing and looking for upper levels in the coming period. INR might lose its level, and again showing strength for USD. Crude is rising. I agree that defence may give advantage for export in coming period. I also believe that areas like electronic chips and others related areas may give some advantage in coming period. Inflation is high not only in US, China or other countries, we are also facing high inflation issues. Which may be cause of concern. Areas like communication, space, defence, […]

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Nifty Prediction : Stock specific interesting | Volatility possible

Daily Forecast – Share Market – January 14th, 2021 Stock specific interesting | Volatility possible Moon with Sun is leading the day, well supported by Venus, Mercury, Saturn and Rahu. Indications for ups and downs during the day, lord of share market and banks will be transiting at the lowest speed for us and will start transiting retrograde (Vakri). Indications for the market and banks that lord will not be able to support. Foreign cues may also be non-supportive. Indications for the consolidation or for little bit of profit booking. Astrologically, please note the closing value of Nifty, possibly within 20 days, we may see same value of this index. Banks may fluctuate during the period. Keep a watch. Indication for a dull day for the Nifty movement wise. Better to say that little bit of volatility in the market will not be surprising. Areas like automobile, IT, communications, infrastructure, power, renewable energy, green energy, sugar, textiles, fashion related sectors, leather, metals, digital services/solutions, entertainment, insurance, health related segments, pathology laboratories, alcohol, by products of sugar, agriculture related automobile, chemicals, sea related areas, leaf based areas, and defence with space etc. Stock specific investment will be better. For index, keep close watch. Not much movement may be seen. Indian Currency Indian Rupee may trade in between 73.50 to 74.40 per USD. Please like my Facebook page @ https://www.facebook.com/AnoopAstroSutra. ** Before investing or trading please check technical aspects also, it’s a reading […]

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