Daily Forecast – Share Market – May 29th, 2019

Mood is positive | Volatility possible | Nifty may look forward

Venus with Moon leads the day, well supported by Saturn, Jupiter, Rahu and Mercury. Indicating that Crude will be under control due to geo-political situation. But coming period may give some impact of trade war and geo-political situation. Our local situations are under control. Only concern will be results of the companies. So, it will be better to look for company wise.

Banks, financial institutions, agriculture, sugar, textiles, leather, aviation, IT, communication, entertainment, media, logistics, transport, travels and tours may be showing some movements, with alcohol, spirit and related areas.

Leaf based segments like tea etc. FMCG, fashion related, Petroleum marketing, petroleum products- based segments like automobile tyres, paints etc. may be doing better or interesting.

Keep a watch on foreign investments and foreign cues too.

Rahu is always giving some indications for ups and downs, sudden changes/movements etc. so, it is always better that when Rahu is active, please be watchful. Banks and financial institutions – better to look carefully for any fishy or disturbing issues (Rahu can play important role).

Trade with care ahead of ministry formation.

Indian Currency

Indian Rupee may trade in between 69.30 to 70.10 per USD.

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