Daily Forecast – Share Market – June 30th, 2023

Swing expected | Wait and watch (gap up opening – if any) | Buy at low

Rahu with Mercury plays strong role during the day, well supported by Jupiter, Ketu and Venus. Importantly, Moon will be moving in Scorpio sign at 10:47 Hrs (IST), whereas Mars is also moving in Leo sign in the early morning hours of 01-07-2023, which will be exchanging aspect with Saturn (retrograde). Issues related to politics and politically motivated may be seen in the coming period, which may be related to upcoming general elections (by all the parties).

Regarding share market for the intraday traders for the day – Market may show Gap up opening. It will be better to allow the market to settle down then move. Emotions for the day may remain bouncy.

Rahu is playing a strong role during the day, which may give again a wave, supporting levels of Nifty to + 0.75% or so. Banks are also playing decent role with initial movements in IT, communication, space and many more like entertainment.

Global news is normal. Normal news may give support to the market. Crude is holding its levels around 75 USD. INR may show some pressure and may cross levels of 82 against USD.

News from RBI may give impact on Banks (positively), but depth of NPS should be seen properly with details (all). Economic news from US may be giving support to the market. Even then at any time some profit bookings possible on upper levels for the adjustment.

All the segments may show movements in the market. Banks, Insurance, entertainment instruments, entertainment, alcohol, automobile, IT, space, communication with logistics, chemicals, power, green energy, non-traditional segments, watch financial institutions, health care and many more including automobile tyres, Paints with ceramics.

Stop-loss of 18900 for Nifty and may show levels of + 0.75%. Wait and watch if any gap up opening is seen for the day.

Indian Currency

Indian Rupee may trade in between 81.70 to 82.60 per USD.

Please like my Facebook page @ https://www.facebook.com/AnoopAstroSutra.

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