Nifty Prediction : Cautious movements | Flat opening & volatility Possible
Daily Forecast – Share Market – May 30th, 2019
Cautious movements | Flat opening & volatility Possible
Venus and Mercury are leading the day with support of Moon, Mars, Rahu and Jupiter Rx. Mercury, Moon and Saturn with Moon are in comfortable position, indications are that impact of global market can be seen during the day. Secondly, market is waiting for the portfolio distribution also. FIIs, geo-political issues are important during the day.
Volatility is possible. Profit booking on certain companies possible (based on results).
IT, communication, electrical and electronics, leaf based segments like tea and rubber may be showing movements. Market may show cautious movements and opportunities are lower base will be better. Logistics and transport may be doing better
Look for opportunities in banks and financial institutions because its lord will be in own house from 03-06-2019 for next 19 days.
Opportunities in Gold and silver can be seen
Movements in various segments – possibly market will be looking or waiting for some political issues, so chances of cautious start or flat possible.
Indian Rupee may trade in between 69.20 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.
Categories: Share Market