Daily Forecast – Share Market – September 5th, 20220

Nifty may show lazy movements | Buy on dips better

Venus, Ketu and Moon are leading the day, well supported by Mars, Saturn and Jupiter. Planetary position for the day is supportive, but impact form foreign lands may have its own impact. Indications or the day – market may show recovery from lower levels, but still emotion is bit shaky on little bit more upper levels. That means buying from lower and chances of selling on upper are possible.

Currency and crude are under control. Ketu is capable of giving bit better rise, where as retrograde Jupiter and Saturn are not supporting much.

Areas like automobile, power, metals, automobile ancillaries, (be watchful for two wheeler which had given runup earlier based on rural segments), IT at better levels, banks and financial institutions, keep a watch on FIIs, petroleum, shipping related, logistics, travels, aviation, defence, aviation – defence related, space, communication, insurance and many more may remain active,

Do not trade for long, because lord of the market is close to start transiting retrograde (ulti chal for us), even then will be protecting the house and banks. So, plan accordingly.

Nifty may try to hold levels and show up side movements – may be slow.

Indian Currency

Indian Rupee may trade in between 79.20 to 80.00 per USD.

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