Nifty Prediction : Nifty may try for new levels | Buy on dips for a while

Daily Forecast – Share Market – September 28th, 2021 Nifty may try for new levels | Buy on dips for a while Mars with Moon leads the day, well supported by Sun, Jupiter and Saturn. Three planets are transiting retrograde, which may give some unexpected movements also (just a possibility). Foreign cues may give support to local market. So, despite of reversable movement of lord of share market, market may give positive moves, as it came in the later part of the previous working day. It will be wise to keep watch on foreign cues, China’s meet related to IT etc. (participated by Alibaba and their local giants). Nifty is roaming near about 18000. It will be thrilling to see extra-ordinarily fast movements in our market, within 2 months close to such jumps of 16000, 17000 and now touching 18000. Just think, is our market has grown up so fast that Sensex has crossed 60000 and Nifty close to 18000, without any strong dip. What may be the reason? Liquidity in the market is good, middle class has moved to this SIPs or MFs, but foreign money (FIIs) have also played a role in this rise. But again, this rise is …. It will be better to think. Main player of the year were IT, banks, Logistics, defence, space, and communication with agriculture related areas. We can not ignore health care/pharmaceuticals and related equipment manufacturer. Market on date is rising […]

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Nifty Prediction : Nifty may look for 100 points or so | Trade with stop-loss

Daily Forecast – Share Market – September 23rd, 2021 Nifty may look for 100 points or so | Trade with stop-loss Moon, Sun and Mars are leading the day, well supported by Ketu, Rahu and Saturn (Rx). Lord of foreign is getting weak, but still vibes from geo-trade will be better. Local share market lord has moved in the next house for a short period. I feel that due to some or other reasons, market may show better movements than previous working day. Nifty may try to look for another 100 points or so. Even then chances of Volatility in coming period will not be surprising. China’s debt crises, and movements of various companies for other nations, may also give some better hope for our market also in coming period. Otherwise, giant global leaders are facing some issues because of China. Crude is maintaining its levels, but this is also a fact that global scenario will be changing very fast in coming year and dependability on oil may reduce due to EVs and other new sources like solar etc. So, it will be better for long term investors to focus accordingly. Areas like space, defence, power, lithium batteries, EVs, automobile, power, infrastructure, automobile tyres, ancillaries, cement, paints, paper, leather, communication instruments, communication, logistics, transport (various surfaces), pharmaceuticals, pathology laboratories, non-traditional segments, spirit, alcohol, entertainment, sugar, rubber based segments, leaf related areas, coffee, FMCG and many more segments are ready to […]

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