Daily Forecast – Share Market – June 28th, 2023

Nifty preparation for 18900 & indication for upper levels | Wait n move

Market is well controlled by Rahu with Mercury, supported by Venus, Ketu and Mars. It seems that market may give some better moves and possibly prepare for 18900 or so for nifty. Global indications for the day may remain better than previous days.

Monthly expiry. Tomorrow, market will remain close because of Bakarid.

Rahu is indicating sudden moves/changes in the market. New levels of Nifty and banks may be possible. Second half of the market may be influenced with the foreign cues/news. Especially from Europe and UK.

Approach of government is clearly indicating that impact of election year. News related to agriculture related segments may affect the market. Nifty may show gains for 0.50% or so is possible.

Because of expiry of the June month, we may see some profit bookings also. Market is indicating positive touch despite of expiry session and tomorrow will be a holiday. China is claiming their economy is on the track, their planets and Mahadasha lord is supporting their Karma for the right direction.

Banks are supported by their own lord – this lord is also supporting share market.

Mid-caps and small caps may also show movements.

Wait at the time of opening, because this session will be influenced with Rahu, allow the market to settle down, then look for the movements. Avoid Gap up if any for Nifty. Banks may support in better ways.

Today’s session may also give direction for 19000 of Nifty. Upper levels pressure is Key to the market (close to 19000).

In maximum segments movements can be seen. Sudden changes or sudden moves will be key for the Next levels.

Nifty may prepare for 18900 and planning for 19000 will be indicated. Crude may remain in between 72-75 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.