Daily Forecast – Share Market –June 20th, 2018

Nifty may trade in between 10650 to 10740 | Look for opportunities

Saturn retrograde, and Moon are leading the day with support of Rahu, Ketu, Mars, Sun and Jupiter retrograde. Planetary position is not decent for the trade. Two retrograde planets, with Rahu and Ketu combination, may not give confident look to the trade for the day.

Crude is in suspicious position, INR is also not comfortable due to USD. This may influence market directly or indirectly. Possibly, organizations related to foreign trades may show better income in terms of INR. Political and other situations are also influencing trading emotions and dealings. Geo-political situations, trade war etc. may be hurting the emotions.

Since, seven planets are active, hence action in many segments can be seen. Once again market may try to breach current levels. Trade with care.

Banks are ready to give opportunities for coming fortnight. Automobile if available at lower rates, and other related areas may give advantage in coming period.

Engineering, electrical and electronics, leather, textiles, silk, entertainment instruments etc. with communication instruments may be doing better. Due to INR – IT etc. may show some movements in coming period.

Trade with care for either of the side.

Indian Currency

Indian Rupee may trade in between 67.80 to 68.60 per USD.

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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.