Daily Forecast – Share Market – March 19th, 2020

Emotions negative Globally | Protect funds

Sun with Rahu is leading the day, well supported by Venus, Ketu, Saturn and Moon. Local situation is again important. Banks are still not supporting. Pressure is again possible. It hurts to give such statements for the market. In Krishna Paksha Adhi Tithi is ahead after one Kshay Tithi, so this fortnight of Krishna Paksha till 24-03-2020 may remain not supportive (instead of bad I mentioned not supportive – just to feel better). I wish this observation goes wrong.

Global cues for the trade are not comfortable, and local lock-down has started. Daily wages earners, what they will be doing in coming period. Which may hurt sentiments of the consumption theory of India’s share market. On 22-03-2020, Mars will enter with Saturn in Capricorn, which is not considered auspicious position globally. We can expect transit of Jupiter from 30-03-2020 to give some relief during the transit of Mars in Capricorn.

Currency may further go down. Or better to say that may look for 75 against USD.

Crude is failing to maintain its levels, because of lack of consumption.

Levels – market is looking for Levels. Europe is facing severe position; USA is also under alarming situation. Protect your funds. This is important even in rise of market.

It will be better to live safe, follow safety measures for the contentment of Corona. Gold may not feel comfort.

Indian Currency

Indian Rupee may trade in between 74.00 to 75.00 per USD.

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