Daily Forecast – Share Market – July 27th, 2023

Nifty may look 19800 | Buy on dips and sell on rise | Mid & small caps moves

Ketu with Venus leads the day, well supported by Mars, Rahu, Jupiter and Saturn (Rx). Geo-trade impacts may give important impact on monthly expiry day. Secondly, results (Qtly) will be playing on our own market.

Cues from US market are supportive, whereas China (or better to say neighbouring markets) – may give some different ideas in coming period. Inflation is point of concern, and issues related to food (global) may remain point of concern in coming period also.

Indian market may show recovery from lower levels in coming period. That means it will be better to look for opportunities in various segments.

Nifty may try for 19800 or so. It may give chance to book profit on upper levels.

Banks are better, IT is still resting, and confusions can be seen, consumer segment may show movements, automobile, and related segments may remain active. Since all the planets are active indirectly, so we may see movements in majority of the segments. Mid-caps and small caps may also remain active.

Crude oil may cross 83-84 USD levels. Although USD is maintaining same levels around 82 INR.

Watch the levels around 19850 (if touches), profit bookings on upper levels possible, and buying on lower levels (around (-) 100 points dips).

Indian Currency

Indian Rupee may trade in between 81.80 to 82.40 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.