Daily Forecast – Share Market – June 25th, 2020

Corrections for Nifty possible | Opportunities for Coming week

Rahu with Sun is leading the day with support of Saturn, Mercury, Ketu, Moon, and Mars. Three planets are retrograde, Venus is very slow, because will start transiting direct. I feel impact of global cues will be important. Correction is under process but may try to form some base. Reason is next week may again try to regain previous levels. Only point I want to say that wait for the settling down the market (today). Wait and allow the market to settle down – say 70-80 points of Nifty at lower levels. If it suits you then try for next week for 200 points from the lower levels.

Dairy Products, rubber, leaf-based segments, sugar, chemicals, textiles, leather, power, infrastructure, automobile tyres, automobile ancillary, engineering, communication instruments, entertainment instruments, and wait for the news from various companies, aviation companies, fashion industry in coming period.

Currency may remain bit weak, in comparison to previous day. News related to economy will also be important for the day. Wait before planning for the next week on the closing day of weekly expiry. Crude in coming weeks may further show some issues.

Index may show some corrections. Profit bookings may continue from previous day. Mid-caps and small-caps may remain better.

Indian Currency

Indian Rupee may trade in between 75.40 to 76.30 per USD.

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