Daily Forecast – Share Market – June 20th, 2019

Nifty may show 11775 | Sudden changes Possible | Trade with care

Jupiter and Venus are controlling the day with support of Sun, Moon, Mars and Mercury. Mars and Mercury are involved in planetary war, and Mercury is defeated in this planetary war. Mercury is close to changing its house and sign today. Indications are that again foreign cues will be important and influencing local market or we can say that outside issues may be influencing the market.

Crude will be influenced with some news or other reasons, otherwise planet is indicating that still crude may have some pressure. Global trade war or involvement of geo-political issues which may influence economy (our and international – directly and indirectly).

Issues with banks – better to watch.

Action can be seen in the areas of Petroleum, Gas, insurance, research linked segments, company like Biocon, IT, communication, transport, (pressure on aviation due to specific reasons), media, entertainment, infrastructure, automobile and automobile tyres, engineering, electrical and electronic companies may show some movements.

Keep a watch on Sugar, dairy, leaf linked (Tea etc.), pharmaceutical, health care, laboratories etc. may be showing some movements.

Buying at lower levels and chances of getting rid from bad equities at better levels.

Indian Currency

Indian Rupee may trade in between 69.20 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.