Daily Forecast – Share Market – November 5th, 2024
Shaky emotions | Volatility Possible | Global and local Political Impact
Saturn (Rx) with Rahu leads the day, well supported by Moon, Mars, Mercury and Ketu. Volatility after first hour of the opening of the market may be possible. Waves, sudden changes for the emotions for the market moods – possible.
Importantly, on the previous working day, closing level of Nifty was below 24000, which can be important level for traders.
Nifty may test for 23800 and on the upper side with shaky movements or Volatility another 100 points. Stop-loss will be better.
Market is indecisive because of Presidential elections of US. Indications are not comfortable for economical and geo-political purposes. Since, 2020 (when Saturn has entered in Capricorn), first of all was Corona, then Russia – Ukraine war, now West Bank issues from past one year.
I also agree that our market has grown like anything, despite issues related unemployment, inflation, trade deficit, falling demands in the market and many more.
Election mode has clicked the trigger in June 2024. Now, all the planets (important) are facing malefic transit such as retrograde and neech rashi etc.
Sudden changes in sea related segments including crude oil, petroleum, insurance and many more may be seen during the period of 2 and half days. Volatility in profitability of the market.
Wait for directional movements, so that for long one can decide. Right now, leaders of the trade, Giant traders – investors are trying to use the market for the best of their purpose.
Indian Currency
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