Nifty Prediction : Keep watch on Gold/Silver | Nifty seems Positive and look for 15825

Daily Forecast – Share Market – July 5th, 2021

Keep watch on Gold/Silver | Nifty seems Positive and look for 15825

Moon, Rahu and Saturn (Rx) are leading the day, with support of Venus, Mars, Mercury and Sun. Indicating that market seems to trade with positive emotions. Since, two major planets are transiting retrograde, so, this may give pressure adversely on the market (just a chance).

Global cues (especially from US) may be better, other foreign cues are also better, but FIIs are bit suspicious (keep a watch). From Wednesday, market may be getting proper support from the lord of banks and share market. Chances for Nifty may be better for 15800 or so. Keep a watch on metals also. Look for opportunities on banks and related areas.

Keep a watch on IT companies, especially related to the companies based on web based business, entertainment, and related segments.

Areas related to defence, automation, cylinder, dairy, leaf-based, chemicals, sugar, fast-food, fertilizer, agriculture based, automobile, logistics, alcohol and related areas including wine etc., sugar, edible or agriculture produces, oil exploration etc. may remain active with gold, and many more segments.

I believe Nifty is ready to open and trade with positive emotions. Ready fetch advantage for 60-75 points.

Indian Currency

Indian Rupee may trade in between 74.00 to 74.90 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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