Nifty Prediction : Nifty may look better | Foreign cues Important | Be cautious

Daily Forecast – Share Market – March 3rd, 2020

Nifty may look better | Foreign cues Important | Be cautious

Rahu with Ketu and Venus, well supported by Moon and Sun, after one hours of business Mars will be active for the day. Indications are better, cues from foreign market important. Rahu is always deceptive, especially when is active with Ketu, so, trade cautiously. Certain countries may try to pump funds in their own open market, which may give advantage to their market, but we must be watchful for our internal situation also.

Virus and related issues may remain active and globally situation may show some further fear. In our nation also, chances have developed, because of movements and casual approach by patients and others also.

It will be better to minimize carry-forward for long position, because of some steps can be decided after our closing hour or I can say that foreign cues will be more important for tomorrow’s market.

Rahu may not allow to form base in the market in short period (I wish this observation goes wrong.) Krishna Paksha of Chaitra month of Hindu calendar – Panchami (fifth date of fortnight) is Kshay and Dwadashi (Twelfth day of fortnight) is Adhitithi. That means after 10-03-2020, market may show upper movements – just a chance, because other planets may be playing and influencing movements or their segments.

Trade with strict stop-loss, but foreign cues may give positive movements during the day.

Many segments may remain active, currency is weak and crude may show some movements.

Indian Currency

Indian Rupee may trade in between 71.70 to 72.70 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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