Nifty Prediction : Nifty may look for 11900 + | Sudden moves on either side possible

Daily Forecast – Share Market – July 2nd, 2019

Nifty may look for 11900 + | Sudden moves on either side possible

Rahu, Venus and Saturn are leading with support of Jupiter, Mars and Mercury. Moon is in conjunction with Sun, Rahu, and Venus, exchanging aspect with Saturn/Ketu. It’s a position of solar eclipse, which will not be seen in India, but other parts of world will be able to see this eclipse.

Impact of the eclipse can be seen in global market in the coming period which may directly or indirectly influence local market in coming period. Market may show volatility during the day, or sudden spike on either side due to impact of Rahu and two other retrograde planets.

Lack of faith/or likewise situation among Oil manufacturers may help to check crude oil prices.

Currency is holding its position, movements in Sugar, agriculture, fertilizer, pesticides, petroleum/gas segments, Leather, textiles, paper, pharma, banks, and financial institutions (keep a watch), alcohol, spirit, and non-traditional segments, insurance and related segments may remain active during the day.

Nifty may look for 11900 + levels. It will be better to look for good equities only. Budget is ahead, and before budget market may take one step back also.

Indian Currency

Indian Rupee may trade in between 68.80 to 69.60 per USD.

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

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