Nifty Prediction : Lazy movements | Keep a Watch on News from Govt./Judiciary

Daily Forecast – Share Market – July 26th, 2023

Lazy movements | Keep a Watch on News from Govt./Judiciary

Nifty may try to maintain above 19725

Ketu, Rahu with Venus are leading the day, well supported by Mars and Saturn. Global cues may remain mixed but on the positive side. Nifty may try to hold the levels of 19725 or so. Secondly, impact of results of various companies, which may affect Nifty or share market in any type of cap.

Sun is forming good relationship with Moon. Political issues or Parliamentary situation may influence further public for the coming year or months. Similarly, market will be planning for the coming time, or we may get indications in coming days. Possibly, market may move in green direction. This is also possible that Ups and downs can be seen.

Remember, in 2024 India and US will be moving in election year. India is already in last 9 months of elections. News from government will be important for the market. In Next quarter or next to next quarter, release of funds can be seen. Unrest from various segments of Public can be seen. Some states may dent the image of nation (internationally).

Watch with automobile, automobile tyre, automobile batteries, power, metals, engineering, Pharmaceuticals, infrastructure related companies, look for opportunities in insurance in coming period, Defence, space related news, sugar, paper, textiles, leather, exports and fashion etc. may be giving movement to the market along with other segments.

Nifty may look for another 50 points on upper side, but dip also possible (if dip then buy on dip). Recovery from lower levels possible. Crude may remain around 82-83 USD.

Indian Currency

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

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

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