Nifty Prediction : Nifty may show lazy moves | Tiredness around 15900 possible

Daily Forecast – Share Market – August 3rd, 2021 Nifty may show lazy moves | Tiredness around 15900 possible Moon and Mercury are leading the day, well supported by Venus, Saturn, Mars and Ketu. Foreign cues may remain mixed, although Local issues may remain bit better because of expectations related to the quarterly results etc., even then progress may remain bit lazy. Planets are in positive frame, lord of the share market is coming out of total combustion zone, indicating good for banks, and over all share market, because lord is in a position to give its support. Issues related to nation or common man may still be under confusion, because Moon and Rahu in lagna are within 1 degree distance, but slowly and gradually, situation may improve. I believe that market is waiting for some exciting news or event, otherwise is feeling tiredness at and around the levels of 15900. We must consider Pandemic impact in China, and other nations. Although markets in various parts of country is opening slowly and gradually, which may give impact on related segments of the companies – like FMCG, electrical and electronics, capital goods, IT, communication, Fast food related, chemicals, Pharmaceuticals, banks and financial institutions, keep a watch on aviation, logistics and related segments of HCV and LCV in automobile segments, similarly keep a watch on automobile tyres, batteries and ancillaries. Overall position is not bad, but tiredness and laziness can be seen […]

Read More →

Nifty Prediction : Mixed day not surprising | Nifty may trade in range (15625 to 15800)

Daily Forecast – Share Market – July 29th, 2021 Mixed day not surprising | Nifty may trade in range (15625 to 15800) Saturn (Rx) with Moon is leading the day, well supported by Mars, Ketu, Venus and Mercury. On previous working day, market has improved a lot from the lower levels, even then it was short of previous closing levels, hence closed in negative direction, although improvement from lower was wonderful. Today, again foreign cues will be important, FIIs may be playing important role. Banks and financial institutions may try to support the levels. Keep a close watch on global news and foreign cues from various markets (important wale). Mixed day will not be surprising. Market has sufficient cashflow in the market, it is also fact that due to some planetary position UTHA-PATAK is seen in last few working days, despite of positive emotions. Nifty may try to hold levels of 15625 and may remain in the range of 15800. Spirit, alcohol, sugar based segments like ethanol and many more may be doing better. But closing side of the market may show different mood of market. Keep a watch on IT, communication, logistics, e-commerce, fast-food or food chain or food delivery chain may be again in better emotions, automobile tyres, automobile LCVs and HCVs (better than car or likewise segments), automobile ancillary, with chemicals, FMCG, steel related segments, engineering and electronics and electrical with various space related segments including defence, […]

Read More →