Nifty Prediction : Nifty may test 23500 and look for 23750 | Mix day
Daily Forecast – Share Market – May 18th, 2026 Nifty may test 23500 and look for 23750 | Mix day Sun with Ketu leads the day, well supported by Moon, Mars, Rahu, Jupiter and Mercury. Market may show some movements (unexpected), but it will be better to say that traders may call it mix day. Since all the planets are in the axis of Rahu and Ketu, so issues of unpredictability, geo-political ups and downs may continue, market will be under influence of such activities. I feel that market may show trimming of profit booking on upper levels. Chances of buying at lower levels may be seen, but pressure on upper levels may continue. Nifty may test 23500 on the lower side, whereas may try to look for 23750. Economic issues of the nation will be affecting the overall cycle. Increasing inflation and then indications by the Prime Minister regarding energy, edible oil, fertilizers (previously we heard Neem Urea, Potash or like wise items in Parliament, or surplus of fertilizers) are now at crises. Anyways, uncertainty of crude oil crises, Hormoz issue, may continue. This crude oil may once again touch the levels (of 15-16 years back) in coming time. Nifty may remain within 23450 to 23750. Silver and Gold in India may show rise because of the Policy matter, globally may maintain almost same rates. Indian Currency Indian Rupee may trade in between 95.50 to 96.30 per USD. Please […]