Nifty Prediction : Nifty Better | Sudden move Possible | Watch News (Local/Global)

Daily Forecast – Share Market – June 26th, 2020

Nifty Better | Sudden move Possible | Watch News (Local/Global)

Rahu, Ketu, and Sun are leading the day, well supported by Saturn, Mars and Moon. Day is also having touch of three retrograde planets. Indications are cues from foreign lands and other issues may remain important. Volatility with positive touch is my take due to combination of Rahu and Ketu.

Important is Mahadasha of Mercury of China is giving clear aspect to their bordering area, and for us Mahadasha of Moon is lord of bordering area, so this may be point of concern. For us at least three borders are point of concern, because of Nakshtra position of three planets based in our neighbouring area (India’s horoscope).

Economically, wait for the results of companies and their real performance for the period of 2019-2020 (only days were for lockdown). E-commerce and IT, many other companies which were capable of doing from home, had worked during the lockdown with proper capacity.

Nifty may try to regain bases. Although some ups and downs will not be surprising or sudden rise or sudden movements not surprising. Market after correction is ready for looking for bases.

I also believe that economic situations are not comfortable, and consumption will not be as good as it should be due to unemployment of middle and lower middle class.

Today, market may remain positive, some upside movement is possible. Keep a watch on global news during the day or announcement from government.

Automobile, automobile ancillary, automobile tyres, power, infrastructure, readymade garments, FMCG, defence, engineering, dairy products, leaf-based segments, textiles, leather, pharmaceuticals, Petroleum, health-care, laboratories, chemicals, and many more segments may remain active. Small caps and medium caps may remain active.

Indian Currency

Indian Rupee may trade in between 75.30 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.

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