Nifty Prediction : Nifty may show some pressure | Keep watch on China/US market

Daily Forecast – Share Market – June 1st, 2022 Nifty may show some pressure | Keep watch on China/US market Sun, Saturn with Mars will be leading the day, well supported by Rahu, Ketu, Moon and Jupiter. Global cues will be important for the day. Energy, inflation and other global issues may influence our market during the day. Lord of share market and banks will further slowing down speed for us, indicating slow impact of the lord. Chances of Volatility after lunch is possible, because Rahu and Ketu will be active for the coming day also. Today is penultimate day of weekly closing. So, market may be preparing or giving indications for the same. Currency has lost its level, and now settling down close to 78 against USD. Banks are trying to recover from their normal customers, for them, it may be better but may not be good for common person and may have no choice for proper savings. Possibly, crude may give some sense of relief to the local market. Saturn is also heading for slowing down its speed for us, because within this fortnight will be start transiting retrograde. Laziness possible. It will be better to keep a watch on the opening of the market and then decide the moves. I will prefer to look forward on either side after 01:00 Hrs (IST). Global market may help our market (Possibly after lunch or around that). Areas like automobile, […]

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