Daily Forecast – Share Market – August 21st, 2020

Nifty may look for 11375 or so | Look for Opportunities (monthly expiry)

Ketu with Sun is leading the day, and well supported by Mars, Rahu and Venus. Lord f share market is coming out of shadow of Sun. Indications are improved than the previous day’s market movements. I believe that market may show some recoveries in the market from lower levels.

Market is trying to look for better levels in the last phase of the month or second half phase of the month. Planets are supporting the share market, whereas other business trade is also improving slowly, but speeding CORONA cases will be cause of concern in coming period.

Movements in electronics, aviation, radar, defence, automobile, infrastructure, building, banks and financial institutions may be looking for levels in coming period. Communications, liquor, power, cement, tiles, textiles, sugar (by-products), health care products, leather, spirit, improvement in currency, metals and many more segments may remain active (with better mood).

Indications are that market may try to look for the previous day’s levels.

Indian Currency

Indian Rupee may trade in between 74.30 to 75.30 per USD.

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