Daily Forecast – Share Market – May 28th, 2019

Nifty may look 12000 | Emotions positive | Trade with guards

Venus and Moon are active with Saturn, Mercury, Rahu and retrograde Jupiter. Crude is supporting the industries. Oil marketing companies are enjoying current and coming up crude situation. Only point of concern for Oil exploration companies. Overall market mood is positive. Government is showing strength. This will be impact of before formation of ministries and impact can be seen during the day.

Currency may also show positive impact. I feel that today INR may lose some advantage of previous day.

Leather, textiles, agriculture related, health care, Banks and financial institutions, Capital goods, transport, logistics, IT, FMCG, Petroleum, sea related segments, leaf-based, Jewellery, Gems, Fashion industry, and many more areas may remain active.

It seems that Nifty or market may look for upper levels.

Mercury is heading for own sign, so may give advantages to the share-market, banks and financial institutions. In coming days may give some advantage to sports too.

Keep a close watch for education and related areas, water-storage system, Power, infrastructure and related areas, like cement, tar and other areas may be doing better or preparing for better movements.

Building, reality and related materials may remain active.

Indian Currency

Indian Rupee may trade in between 69.10 to 70.00 per USD.

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