Nifty Prediction : Nifty may look for upper levels | Sudden changes not surprising

Daily Forecast – Share Market – July 4th, 2019

Nifty may look for upper levels | Sudden changes not surprising

Saturn with Venus are leading the day, supported by Jupiter, Mars, Mercury and Rahu. Action can be seen related to crude, banks, financial institutions, FIIs, or other ways of foreign cues etc. It’s a pre-budget day. So, activities will be accordingly.

But important point is that possibly trade war style may change its pattern and tool used for this war can be crude oil, so that desired countries may suffer this financial burden and their cost of production may go up etc.

Tomorrow is budget day; hence market may be influenced.

Agriculture related segments, textiles, leather, animals, sugar may be the area which may be showing action with IT, communication, entertainment, media, education, petroleum, gold related segments, metals, engineering, electrical and electronics etc. may be showing action.

Nifty may again try to hold levels of 11900 and may look for upper levels for the day,

It will be better to trade with the very short point of view and long-term investors can wait for a day or two.

Indian Currency

Indian Rupee may trade in between 68.60 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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