Daily Forecast – Share Market – June 3rd, 2020

Nifty May look for +100 Points or so | Enjoy wave | Watch on News

Rahu, Moon and Sun are leading with Mars and Ketu. Three planets are retrograde, Venus, Mercury and Saturn are in their own house. Rahu is ready to give a type of spike; chances are that Nifty may look for next levels or try to move further up. Suddenness is quite possible. News from government or agency may be important. Nifty may look for 100 points movements.

Rahu gives spike chances (either side) but other planets are supportive. Crude may improve its levels.

Currency may enjoy bit better position. Global cues are also supportive. Economy reopening is giving boost to the market. FIIs may also playing important role in this local market.

Pesticides, chemicals, banks and financial institutions, communication, IT, automobile ancillary, spirit, alcohol, Power, infrastructure, defence, cement, Pharmaceuticals etc. are playing important role in this market. Index buying etc. may also give support to the market. I believe according to the planetary position situation is supportive.

News from companies and other issues will also be influencing the market.

Use wind and enjoy the trade.

Indian Currency

Indian Rupee may trade in between 74.70 to 75.60 per USD.

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