Daily Forecast – Share Market – July 20th, 2021

Wait n Watch | Volatility Possible | Suddenness not surprising

Penultimate working day before weekly expiry, because tomorrow will be non-working day in the stock exchange.

Saturn with Moon and Rahu, well supported by Ketu and Mercury. This Mercury has moved in the shadow of Sun, but distance is satisfactory, but in coming days this Mercury will be facing impact of combustion around Monday/Tuesday (Just after 2 working days). Impact of retrograde Saturn with Rahu can be seen during the day. Even then market may try to hold levels and during the day volatility is possible. But for a while, recovery from lower levels will not be surprising.

Impact of COVID is seen again, surprisingly UK and US – had enough vaccinations for their nationals, despite of that pandemic is striking with numbers. Resulting fall in crude prices. Chances of Profit booking or resting in IT, communication and others for a while. Banks may also show some tiredness.

Movements in engineering, defence, Paint, aviation or other products based on Petroleum may show some movements. Keep a watch on insurance.

Insurance, chemicals, Pathology laboratories, health care, Pharmacy, Paint, automobile tyres, solvents, carbon black, and others may be showing some movements during the day. It will be better to trade with care. Communication instruments, silk, textiles, leather, bacteria related or for – chemicals etc. pesticides, fertilizers, sugar, alcohol based segments etc. ay be doing better.

Keep a watch for non-traditional.

Trade with care. Allow market to settle down. Volatility also possible. Suddenness will not be surprising.

Indian Currency

Indian Rupee may trade in between 74.30 to 75.20 per USD.

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