Daily Forecast – Share Market – March 13th, 2020

ALERT for Funds | Trading on daily basis not essential | Let Nifty find levels

Rahu, Sun with Venus is leading the day, well supported by Jupiter, Ketu and Mars. Opening may again a bad opening for the investors and if fall will be beyond expectations then will not be surprising. Foreign cues, health issues + local issues (sone pe suhaga) like unemployment, falling GDP, falling Production from last one or more than one year.

Weekend ahead.

I mean to say that we may fall more than global falling (this will not surprise me), Rahu in finance and banks has shown its game. Reactive policies may not go to solve the issue, only properly planned and then execution will give a positive indication to the market. Within last one year – Finance was on the basis to boost share market (reactive) but not for the concrete growth and for employment (which was clearly seen after November 8^th, 2016).

Corona virus is clear. Only research or out of the box solution may give some relief from the virus. Announcements from government for closing cinema hall or schools (state wise) is indicating alarming conditions. Countries like US, Germany or Ministers in the European nations, are facing negative impact of Corona. Research work result is still awaited.

Again, crude is falling, Currency may lose its level. Protect your funds, because this can be again a fall for all the segments, because all the planets are active directly or indirectly. Chances of change in movements after 14:00 Hrs (IST) is possible (just a chance).

Better to wait and watch for the movements. Protect your funds. Even Options trading should be avoided.

Indian Currency

Indian Rupee may trade in between 73.80 to 74.80 per USD.

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