Daily Forecast – Share Market – July 7th, 2020

Emotions Positive | Nifty may look Next level | Consolidation Possible

Sun and Moon are leading the day with support of Mars, Rahu, Ketu, Saturn (Rx) and Jupiter (Rx). Global cues may give some impact on the emotions of the market. Lord of the share market and banks is indirectly active in own sign and house. Indications for the protection of share market. Even then movements of other planets may show some consolidation etc. Trade accordingly. Overall emotions are not bad. Or better to say, emotions are positive.

Use stop-loss smartly.

Only point of concern is Geo-political concerns (including India’s issues with boarder). Mahadasha lord of India’s horoscope is keeping boarder issues alive. Transit of Lord of lagna is giving strength to own horoscope. Currency is bit better in comparison to previous month.

Seven planets are directly active, and lord of share market and banks is indirectly active. So, I feel that market may have its own strength.

Crude may hold its own position.

IT, communication, leaf-based, dairy, infrastructure, textiles, leather, FMCG, logistics, logistics containers, infrastructure, automobile ancillary, tyres, batteries, banks and financial institutions, non-traditional sectors, segments like ITI, or defence, automobile manufacturing, Pharmaceuticals may remain active.

Almost all the segments remain active. Use stop-loss smartly. I believe emotions of the market remains better/positive.

Indian Currency

Indian Rupee may trade in between 74.30 to 75.00 per USD.

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