Daily Forecast – Share Market – October 3rd, 2024
Nifty may test 24650 and Look for 24850 | Watch FIIs movements
Moon with Jupiter leads the day, well supported by Rahu Jupiter and Saturn (Rx). Remember, market may show some aftereffects of Solar eclipse or in other words, impact of foreign cues can be seen clearly on out markets. For Indian market and Indian political and public purpose, Lord of share market, political events and public with banks, states was in the direct impact of Solar eclipse on 02-10-2024.
Iran-Israel war has escalated further in past few days. Market is not certain for the next move by the world, because US is going through Presidential election, so, every step to handle the war situation in middle east. Crude may show some rise because of geo-political situation.
For Puja purposes, this event of eclipse was not important, but technically for the share market, political reasons and common man, gains, banks, financial institutions, and states can be important or may give impact on related issues. Lord of share market and banks was afflicted by the eclipse.
I hope for volatility. In India, political situations may be influencing the market after coming Monday. Jupiter can be playing some key role within next fortnight, when this Jupiter will start transiting retrograde.
Nifty may test 24650. But chances of looking for 24850.
Watch the movements of FIIs, possibly impact of FIIs exit may be seen in the market.
Watchful trades will be better for the week and coming days. Anytime sudden changes can surprise the traders.
Movements in many segments may be seen. Watch banks and financial institutions, because (astrologically), lord of banks was under pressure because of solar eclipse.
Watch events from foreign lands and local political and other issues. Crude oil may show some rise in next fortnight. Watch VIX levels of India.
Indian Currency
** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
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