Daily Forecast – Share Market – September 4th, 2023

Nifty may look for 19525 | Stop-loss key | Watch closing hours

Tomorrow Share market lord will be total combust

Venus is leading the day, well supported by Moon, Mars, Rahu, Ketu and Mercury (retrograde and heading for total combustion in the second half of the day. Indications are Mixed day/volatility in the later part of the day possible. Even then market may look for 19525 of Nifty (possible).

Jupiter is retrograde, with Saturn and Mercury. Chances of sudden gains at unexpected position is possible in coming period.

Watch banks, financial institutions, inflations, crude prices in coming period, and related segments,

Again defence and related segments including drone, space, and entertainment, web related, logistics etc. may be giving some movements in better way. Rubber and leaf-based segments may also be interesting for the coming period.

Watch FIIs and DIIs.

Many segments may remain active. Watch especially – banks, defence, IT (look for lower-level opportunities), sports related, power, automobile, automobile tyres, automobile batteries (including EV), Oil marketing companies, oil exploration, financial institutions may influence the market, chemicals, non-traditional, and many more like communication instruments, space and shipping with insurance etc.

Nifty may try to hold 19350 and look for 19550 or so.

Indian Currency

Indian Rupee may trade in between 82.30 to 83.00 per USD.

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