Nifty Prediction : Volatility possible | Buying from lower & Pressure on upper
Daily Forecast – Share Market – March 30th, 2020
Volatility possible | Buying from lower & Pressure on upper
Sun with Rahu is leading the day, well supported by Ketu, Moon and Saturn. Planetary war between Mars and Saturn is clear. Saturn is defeated by Mars in this war. Indications are clear that due to global issues, impact on local working will be observed. This does not mean that local issues are decent. Only positive is Jupiter with Mars and Saturn + Venus in own sign.
It’s a short business week, one holiday on April 2nd.
Rahu is indicating that situation of Poisonous or Virus can be disturbing financial health of the nation/companies. Which may give long term impact on the market. I believe that countries like US or other financially strong may feel some big setback in the running period.
Unemployment level is high, certainly this would give great impact on the industries. Many employees may get half or reduced salaries. Automatically, situation will be tough. Planetary position is tough, only Jupiter is ready to give some breathing space or may minimize negativity of Saturn and Mars, but impact of planetary war will be seen for 3-4 days. Jupiter will try to give relief in some matters.
Market may face pressure, but few companies may try to give better for the day. Companies like Maruti or pharmaceuticals, health care, or any company who is planning start manufacturing medical equipment like ventilators or testing machines or likewise etc. required urgently. That way, flow of money can be seen for the companies and help to the nation. Many cosmetic companies and company’s whose by-product are alcohol, they are ready to manufacture Sanitizers etc. It will be better to look for such companies for intraday purpose.
Venus in own house of lagna of India’s horoscope will be giving strength to the nation in next 3 months. Still, it will be better to look for the IMF’s warning for economy depression (Global) – may be worse than 2008.
Volatility within the range of +/- 300 points.
Trade with care. Possibility of pressure in the market not denied. Volatility can be seen from lower levels.
Indian Rupee may trade in between 75.00 to 75.90 per USD.
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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
Categories: Share Market