Nifty Prediction : Foreign cues important | Local cues tough | Gains from lower levels – Volatility
Daily Forecast – Share Market – March 31st, 2020
Foreign cues important | Local cues tough | Gains from lower levels – Volatility
Sun is leading the day with support of Rahu, Ketu, Mars, Jupiter and Mercury. Crude is facing pressure of minimizing demand. Impact can be seen on its prices, but now this is not an advantage. Currency has pressure. Saturn and Mars are involved in planetary war, Mars is winner. Indications are that foreign cues will be important for the day. Which may be giving some buying at lower rates.
Once again, I will suggest for long term investors, better to look for only strong companies. Protect funds.
Venus in the lagna of India’s horoscope (lord of ascendant – Lagna) is indicating that government will have to look for more strong and fast steps to check this COVID-19 Pandemic in India. Otherwise mass movement of public and gatherings may create havoc of Pandemic in coming period. I had mentioned in my report of transit of Mars in Capricorn that period from 30-03-2020 to 06-04-2020 will be tricky due to Planetary war between Mars and Saturn, but transit of Jupiter may give some relief in coming period @ https://anoopastrosutra.com/2020/03/30/vedic-astrology-transit-of-jupiter-in-capricorn-sign-march-30th-2020/.
Many segments will be showing movements, but impact will be only on those companies, who will be involving in manufacturing ventilators, masks, healthcare, sanitizers and related segments like chemicals etc. Pressure of previous financial period may be another cause of concern. COVID 19 + down trend GDP of previous period. So, before going for long, consider all these issues. Rahu will be moving out of India’s banks and financial house in September 2020, so financial impact will be better for banks after this.
Crude and Gold are under pressure. China may be capturing global market due to trap of global market in COVID19.
India’s situation for the period till 06-04-2020 will be tricky. Global cues may give positive approach for the market.
Indian Rupee may trade in between 75.00 to 76.00 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