Daily Forecast – Share Market – September 3rd, 2019

Nifty may show Volatility | Sudden movements possible

Venus is controlling the day with support of Mercury (total combust), Jupiter and Rahu. Mars is also total combust. Mercury and Mars are involved in planetary war, which is dominated by Mercury. Impact of Government moves can be seen on banks, financial institutions, and share market. Government is trying to control damages. Impact of foreign issues will not be supporting the market.

Rahu is indicating Volatile or pressure.

Banks and related segments may show ups and downs. It will be better to trade with care. Reason is – impact of Rahu is clear on banks and financial institutions and at the same time geo-political and foreign investors may not be supportive for a while or on date.

Currency is still under pressure. Crude may be supportive, movements in petroleum, automobile, infrastructure, power, Gas, Paints and related segments like tiles etc. may be showing movements. It will be better to trade in banks, financial institutions with care, although they have some support from government. Mixed day for banks and financial institutions. Alcohol, spirit or related segments may be showing movements. Activities in the area of banks and financial segments will be seen. It may be volatile also.

Impact of US and China will be seen in coming period. Nifty may show some pressure.

Indian Currency

Indian Rupee may trade in between 71.60 to 72.40 per USD.

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