Daily Forecast – Share Market – June 14th, 2019

Mood seems positive but Trade for the range of 11975 to 11825

Jupiter with Venus is leading the day, well supported by Mars, Moon and Mercury. First hour of the day will wait to set the direction of the market, so some confusions possible.

Crude will be important, which may give advantage to the oil marketing industry. Currency may have some issues, but trend of the market may remain positive, even though few banks may not be comfortable due to some or other reasons (NPAs or something else).

Insurance, research related segments, analysis linked segments like diagnostic companies or likewise etc. Paint, engineering, electrical and electronics, metals (may show movements), furniture related areas, Leaf linked segments, coffee, Perfume, FMCG etc. may be showing movements.

Banks may be active, only few banks will be again looking for lower levels or may show weakness. It will be better to look for good banks/companies only.

It will be a positive mood market, with some hiccups. Trade with care, Nifty may remain in range of 11975 to 11825. So, trade with care.

Indian Currency

Indian Rupee may trade in between 69.30 to 70.20 per USD.

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