Nifty Prediction : Nifty may breach 16000 | Recession or market looking for bottom out?

Daily Forecast – Share Market – June 13h, 2022 Nifty may breach 16000 | Recession or market looking for bottom out? Mars, Sun with Saturn (Retrograde) are leading the day, well supported by Jupiter, Venus and Mercury. Chances of foreign trend may give heavy impact on local market. Secondly, local issues are also not much supportive. Issues (global) related to Inflation, unemployment, food crises, dip in consumption and crises of energy etc. are impacting the market since last around three years (since Corona has entered in the world). Now, racism, war and other issues are important for the market. Saturn – The KARMFAL data (lord of Karmfal) is retrograde and certainly will be in a mood to give its decision or may give results of Karma done by us in any respect. COVID cases are rising. INR is again losing its base. I believe market is ready to breach 16000 of Nifty and now there will be difference of opinion. Someone may feel that market is heading for bottom out, but due to crises of energy and inflation with unemployment, which is affecting purchasing capacity of consumers. If the same situation will persist, chances of big recession in the market can be seen. It may be like 2008 or if further continued then after 90-92 years we may see very strong recession. Market is giving indications of poor demand and unemployment since last three years. It will be better to […]

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Nifty Prediction : Profit bookings possible | Volatility (ups and downs) | Nifty may breach 16300

Daily Forecast – Share Market – June 9th, 2022 Profit bookings possible | Volatility (ups and downs) | Nifty may breach 16300 Mars with Sun is leading the day, well supported by Moon, Jupiter, Saturn (Retrograde), Mercury and Venus. Impact of foreign issues will be strong, including rising of Crude oil prices. Secondly, US had faced negative information related to Intel and another company. Russia is not in a position to fulfil demand of crude oil. They may cut down their production only. Secondly, they are honouring previous contracts only. China and US market have started increasing their fuel consumption. Gas Prices are rising. Currency is another weak point for the price hike in petroleum. It is high time to work with care and fast on alternate energy, otherwise this year may set new rates for the crude oil prices. Global cues for the market may not be suitable. It will better to be prepared for pressure on the market. Automobile market may show some better movements (companies involved in multinational manufacturing). Nifty may breach 16300 Profit bookings possible. Impact of retrograde Saturn can be seen in leather, textiles and other segments also. Automobile, Power, automobile ancillaries, companies manufacturing Hydrogen and Nitrogen gases, tyres (input cost related to 70% consumption of petroleum products including nylon cords and synthetic rubber etc.) IT, communication, entertainment and related segments with logistics, FMCG, Keep watch on banks and financial institutions etc. Gases (chemical), and […]

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Nifty Prediction : Nifty may show some pressure | Keep watch on China/US market

Daily Forecast – Share Market – June 1st, 2022 Nifty may show some pressure | Keep watch on China/US market Sun, Saturn with Mars will be leading the day, well supported by Rahu, Ketu, Moon and Jupiter. Global cues will be important for the day. Energy, inflation and other global issues may influence our market during the day. Lord of share market and banks will further slowing down speed for us, indicating slow impact of the lord. Chances of Volatility after lunch is possible, because Rahu and Ketu will be active for the coming day also. Today is penultimate day of weekly closing. So, market may be preparing or giving indications for the same. Currency has lost its level, and now settling down close to 78 against USD. Banks are trying to recover from their normal customers, for them, it may be better but may not be good for common person and may have no choice for proper savings. Possibly, crude may give some sense of relief to the local market. Saturn is also heading for slowing down its speed for us, because within this fortnight will be start transiting retrograde. Laziness possible. It will be better to keep a watch on the opening of the market and then decide the moves. I will prefer to look forward on either side after 01:00 Hrs (IST). Global market may help our market (Possibly after lunch or around that). Areas like automobile, […]

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