Daily Forecast – Share Market – September 24th, 2018

Nifty may try to look for 11200 | Sudden movements \ Volatility possible

Sun with Jupiter is leading the day, well supported by Moon, Saturn, Rahu and Ketu. Mercury is trying to come out of total combustion stage. Waves like trade or ups and downs or volatility can be seen during the day hours or will not be surprising, because impact of the house of sea is seen. Crude, sea related activities. Lord of share market will try to protect own house. So, damage may be less, or recovery can be seen in coming period.

Currency and petroleum are key to the trade. Loan burden China may be cause of concern in coming period. Trade war, financial issues and other geo-political + local political situations or after 10-10-2018, it will be interesting to see impact.

Nifty may try to look for 11200, pressure on upper levels will not be surprising. Certain banks may be coming to economical rates, will be better to take precautions before buying such stocks. Any sudden activity by any active person like last working day may spoil mood of the market, hence be watchful. Or it will be better to say that trade with proper guards.

Vehicle, automobile, petroleum, lubricants, IT, communication liquor/alcohol/spirit/communication instruments/music instruments or entertainment instrument with sugar, leather, pharmaceutical etc. may be interesting.

Indian Currency

Indian Rupee may trade in between 71.80 to 72.60 per USD.

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