Nifty Prediction : Gap up possible | Allow market to settle | Geo-political deceptive
Daily Forecast – Share Market – June 12th, 2026
Gap up possible | Allow market to settle | Geo-political deceptive
Mercury with Jupiter leads the day, well supported by Mars, Rahu, Ketu, Saturn and Venus. Midcaps and small caps can play some role during the day. Watch banks, financial institutions and related segments. News related to financial data etc. will be important to guide the market.
Crude oil prices may see some pressure and may come below 90 USD. This may give some impact on the market. Possibly, market may see some rise in the index, because of foreign market indications. Geo-political issues may remain deceptive. So, before reacting to any Geo-political news, confirm properly.
Do not rely on FIIs.
Silver and Gold may feel some pressure.
Nifty may try for 23350. But remember, today is last working day of the week. Banks and financial institutions may remain help to set the direction for the day.
Remember, market may test 23050. Stoploss at 22950 will be important. Keep a watch for the coming period.
Keep a watch on internal financial situation of the nation, inclusive of joblessness, losing jobs (IT professionals – were paying good amount of income tax, pressure of EMIs etc.). Trade deficit is very important. Over and above energy crises.
Banks and automobiles may remain bit better. Announcements by companies may give some impact on the day.
Possibly, Gap up opening is possible. Do not rush, wait and allow the market to settle down.
Indian Currency
Indian Rupee may trade in between 95.00 to 95.70 per USD.
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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
Categories: Share Market
