Nifty Prediction : Market bit better | Movements can be seen | Nifty may look for 11300
Daily Forecast – Share Market – September 30th, 2020
Market bit better | Movements can be seen | Nifty may look for 11300
Ketu is leading the day with support of Venus, Sun, Moon, Mars, Rahu, Jupiter and Mercury. Remember it is “one day” short working week. Tomorrow will be last working day for the week, which will be expiry day also. Global cues – China market will also be going to close for a week long holidays, that means they may be bit watchful at the end of their working. US is preparing for elections after 33 days, so we may see bit nervousness in this market.
It will be better to keep a watch on US market/future etc. Crude is under pressure. In many areas – return of CORONA is seen, whereas in India, slightly slowing down of CORONA is seen after September 23rd, when Rahu has moved from Gemini sign to Taurus sign.
After the same day, 24-26-year-old association of Akali Dal with NDA is seen, Indicating that this 18 months period will be giving more Political UTHA PATAK, which may directly or indirectly influence the local share market.
No one is worried or giving concrete solutions for the large number of unemployed ‘HUMAN BEING’ suffering from financial reasons. If they will not be earning, then who will be boosting consumption theory of nation. What will be the point of lauding VOCAL for LOCAL.
Market may show some recovery from local levels, one can say consolidation for the current period. In my opinion, astrologically, time for the nation may be bit tough, especially when China’s dasha for Neighbouring areas will be active (period is not so far). Next period will be after January 2021. Our neighbouring areas (three planets are active – and they are in Ashlesha Nakshatra dwitiy charan), this is indicating issues with neighbouring areas at least on two boarders and another one time to time.
Now, market is active for a while and may look for 11300 or so for Nifty. Banks and financial institutions may be looking for opportunities. Whereas tomorrow may be cautious period for banks and financial institution in the evening session.
Look for short term opportunities for traders. Long term investors can look for good companies only. Today many segments may show activities during the day. Keep watch on petroleum-based segments including automobile tyres, automobile, etc. I am positive for the day basically.
Indian Rupee may trade in between 73.20 to 74.00 per USD.
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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
Categories: Share Market