Daily Forecast – Share Market – June 27th, 2023

Nifty may remain around 18725-50 | Suddenness possible in last hour

Rahu with Mercury leads the day, well supported by Mars, Moon, Ketu and Venus. Global cues may remain mixed. Remember, tomorrow will be closed day for Share market, hence no trading on 28-06-2023. Day after tomorrow, will be monthly expiry. Local cues with support of banks and lord of banks and share market.

Nifty may again roam around 18725-50 etc. but sudden changes possible at any time. Around closing hour, foreign cues may be much more effective. It will be better to trade wisely in the later part of the market.

US and China both are indicating for pressure or profit bookings. That means – wherever risk is indicated – it will be wise to take necessary precautions and as and when required book profit.

In Indian market Promotors and investors may off-load their shares/equities. Or are reducing their shares. As and when required, off-load your risky trades/investments.

FIIs are also Profit bookings. Market is heavily influenced by Rahu – most deceptive planet, Saturn is also transiting retrograde. Trapped market during this period.

Many segments may remain active. Wait for decisive move, changes can be seen in the last hour of the market. Crude is also around 75 USD. Currency is around 82 INR against USD.

Indian Currency

Indian Rupee may trade in between 81.70 to 82.50 per USD.

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