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Showing posts from May, 2024

2024-05-31 08:03:03 Nifty Prediction : On Nifty may move towards + 100 points | 22300 of Nifty Possible

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[ad_1] Daily Forecast – Share Market – May 31st, 2024 On Nifty may move towards + 100 points | 22300 of Nifty Possible Watch Banks and FIIs | Coming period Nifty may test 22100 Moon, Mercury, Sun and Jupiter are leading the day. Importantly, this Jupiter is on the edge of coming out of combustion on 02-06-2024, that means on 04-06-2024, we may say that on 04-06-2024, market may get some direction around lunch for the coming period. Today with the anticipation of better results for ruling party on last session, market may move with the positive touch. Or we can say that today buying from lower levels possible. Crude oil prices are again within the range of 80-84 USD, and INR may also show some recovery from previous levels. Few Giants of Index (Nifty) may be pulling up the levels of Nifty. There are few business houses, which may not be having any impact on their working style or business movements after results and formation of government, because they have to maintain proper...

2024-05-30 08:01:04 Nifty Prediction : Nifty may test 22500 in coming period | Avoid long for a while

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[ad_1] Daily Forecast – Share Market – May 30th, 2024 Nifty may test 22500 in coming period | Avoid long for a while Moon, Sun with Mercury are leading the day, well supported by Jupiter and Rahu. Importantly lagna lord of India’s Horoscope is close to total combust, which means local issues may remain deceptive or may not be as supportive as should have been. Global cues may again not comfortable. Monthly expiry impact may be seen during the day. Pressure on upper levels also possible. Market is bit nervous because of last phase of election and heading for the result tally on coming Tuesday. Planets on 04-06-2024 is also not comfortable. So, Volatility in market is possible. Not very deep dip, but casual approach and profit bookings on upper levels. Market shows careful movements for the special event in next week. It will be bett4er to trade with the wind and book profits as and when required. We may see some buying from lower levels. It will be better to protect the funds ...

2024-05-29 08:03:07 Nifty Prediction : Ups and downs Possible | Market norms suspicious | Casual traders – Protect funds

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[ad_1] Daily Forecast – Share Market – May 29th, 2024 Ups and downs Possible | Market norms suspicious | Casual traders – Protect funds Waiting for first week | Tomorrow expiry | Stop-loss at 22800 Nifty | Watch deals Moon with Mercury leads the day, well supported by Sun, Mars, Jupiter and Venus. Importantly, lord of lagna of India’s Horoscope is within 2 degrees distance from Sun, so this is totally combust, and this week will be total combust. That means support from the leader of the government is weak. Lord of profit and loss is transiting in the lagna of Horoscope of India, which may give chances of ups and downs. Profit bookings on either side is possible. Buy on dips and sell on rise is quite possible, because of last phase of election is very close and after that coming Tuesday will be day for results of 43 day long elections. Pressure on the market because of political reasons is possible. Trade Giants may try to book profits. Because they are on higher side of valu...

2024-05-28 08:01:04 Nifty Prediction : Nifty May remain within Range | Buy on dips and sell on upper

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[ad_1] Daily Forecast – Share Market – May 28th, 2024 Nifty May remain within Range | Buy on dips and sell on upper Nifty may look for 23000 and trip from upper levels Moon with Mercury leads the day, well supported by Sun, Jupiter and Venus. Indications are clear that market is bit confused, because is heading for the final week of election and results after a week. We may see change sin Chinese market movements, because of their government’s support. Now time is coming for the changes in current ROI in European nation. Remember, this year economy may be influenced with the election in various nations, importantly in US. We may trade within range around 23000 of Nifty. Market may try to look for the upper levels at least till 01-06-2024 or the next Monday. Because next Monday, market will be influenced with the Exit Polls results. Next direction will drive the market on 04-06-2024. Possibly some jhatake may be seen during the next week. Because Lagna lord will be totally com...

2024-05-27 08:03:04 Nifty Prediction : Nifty may remain within 22900 to 23050 | Cautiously Positive

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[ad_1] Daily Forecast – Share Market – May 26th, 2024 Nifty may remain within 22900 to 23050 | Cautiously Positive Sun, Moon with Mercury are leading the day, well supported Venus and Jupiter. Importantly, Jupiter is combust, which will be coming out of combustion on 02-06-2024. During the period of combustion of Jupiter, Nifty and market has shown upward movements, from 21900 of Nifty on 21-05-2024 to 23000 of Nifty. This week will be important, because we are eight session away from the results of election for Parliament. This market will also react on exit polls of 01=06-2024 on 02-06-2024. Today, Nifty may be calm and may look for 23000. I shall be prepared to book profits as and when required. Or avail advantage. Market is waiting for trigger point for the direction. Stability of government will be key for trigger. Planetary position indicates that crude oil may maintain its levels around 80-84 USD. Market may remain cautious for the period and may trade with positive ca...

2024-05-24 08:03:07 Nifty Prediction : Nifty waiting for direction | Nifty may try to hold 22900 | Stoploss important

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[ad_1] Daily Forecast – Share Market – May 25th, 2024 Nifty waiting for direction | Nifty may try to hold 22900 | Stoploss important Sun with Mercury leads the day, well supported by Moon, Jupiter, Saturn and Venus. Importantly today, lord of lagna of India’s Horoscope is defeated in planetary war with Jupiter lord of eighth house (ups and downs). Secondly, on 04-06-2024 lord of lagna will be totally combust. Panchgrahi yog will be seen in lagna of horoscope of India. Something interesting will be seen during the day of 04-06-2024. This may give impact on the movement of Nifty. Sell on upper levels also possible. I had mentioned in my previous post possibly in last month that Nifty will try to touch 23000 before 04-06-2024. I can remember Result Day elections, when UPA2 came. Poll opinion was against the win of UPA, but UPA 2 was repeated. Market swing towards upside started after great recession. Till date market is enjoying that movement. Remember poll opinions or other exp...

2024-05-23 08:03:05 Nifty Prediction : Sell on rise either today or in coming period | Consolidation at lower

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[ad_1] Daily Forecast – Share Market – May 23rd, 2024 Sell on rise either today or in coming period | Consolidation at lower Sun, Mercury with Jupiter leads the day, well supported by Moon, Venus and Saturn. Importantly, lord of lagna is heading for total combustion, which will be on 25-05-2024 (on sixth phase of election), so this may be important for the purpose of share market in coming fortnight. Today, we may see crude oil around 80 USD to 83 USD. INR may also show strength. But inflation (actually) may remain on the same levels. Global cues may not give support to the market. Possibly sell on upper levels possible. Equities – related to results may give impact. Watch carefully. FMCG, Fast food and many more companies may show their movements according to the results. I feel on date there may be some pressure on upper levels. Nifty may show upside movements then sell on upper levels possible. That means volatility possibly. Past days indicates that consolidation on lower...

2024-05-22 08:03:06 Nifty Prediction : Mixed and lazy day possible with positive touch | Watch VIX | Volatility possible

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[ad_1] Daily Forecast – Share Market – May 22nd, 2024 Mixed and lazy day possible with positive touch | Watch Volatility Index Sun, Mercury with Jupiter (combust) are leading the day, well supported by Moon and Venus. Lord of lagna is involved in planetary war with the lord of ups and downs Jupiter. Indications are that for the day, lagna lord is winner, whereas lord of ups and downs is defeated by the lagna lord. Possibly, this day market may show upside movements (with careful movement), Nifty may look for 22600. This does not means that stoploss can be avoided. INR has improved its position for the period. Global cues may remain better. Local cues related political movements, we may see some ups and downs in next week. This week may show careful approach with positive touch. Mixed movements possible. Even then upside moves. Look for opportunities in automobile tyres. Pharmaceuticals, textiles, leather, metals, engineering, paints, chemicals, power, automobile, infrastructu...

2024-05-21 08:01:07 Nifty Prediction : Nifty within range of 22400 to 22600 | Stoploss at 22200 for long

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[ad_1] Daily Forecast – Share Market – May 21st, 2024 Nifty within range of 22400 to 22600 | Stoploss at 22200 for long Rahu -Ketu may give turbulence  Sun with Mercury leads the day, well supported by Moon, Jupiter, Rahu and Ketu. Global cues may be giving indications, but Indian market is cautious, because of general election and we are heading for last two rounds election. Estimations from the experts for the elections may give its impact on the market. Similarly, traders may also like to be careful with the long purpose. Reason will for the changes in planetary position, like important planet Jupiter will rise on 02-06-2024. Watch the results and deals etc. in the market. Keep a watch on FIIs. Defence related segments may give some gains for the investment purpose. Sentiment of the market may remain cautious for other purposes. Although this cautiously positive approach is possible. Reason is Business channels may give indications for the stable government formation etc. ...