Daily Forecast – Share Market – June 6th, 2019

Crude and Global cues important | Govt. announcement | Waves possible

Rahu, Jupiter and Venus are leading the day with support of Mercury, Sun and Moon. House of banks and financial institution is highly active. Indications for Volatility or spike on either side can be seen. Lord of banks will try to protect own house. Movements in IT, communication logistics and entertainment can be seen in the last hour of the day.

Keep a watch on announcement from Government or its agency or organization. Close watch on Pharma sector (mixed day possible)

Crude for Petroleum/Gas marketing companies and insurance may be doing better. I am looking forward for sugar, automobile, infrastructure, power, tiles, cement, Glass, alcohol, spirit and related segments, aviation, Jewellery, gems and currency will try to hold its position.

Electronics, electrical and defence sector may show some attraction or movements.

Sudden movements in any sector due to foreign issues/or some unknown reasons may give sudden movements to the share market on any side. Waves possible.

Only point of concern will be action in state(s) or banking/financial sector will be important.

Non—traditional sectors or new coming sectors may be area of attraction in coming period for the market.

Indian Currency

Indian Rupee may trade in between 69.30 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.