2024-05-28 08:01:04 Nifty Prediction : Nifty May remain within Range | Buy on dips and sell on upper

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Daily Forecast – Share Market – May 28th, 2024
Nifty May remain within Range | Buy on dips and sell on upper
Nifty may look for 23000 and trip from upper levels
Moon with Mercury leads the day, well supported by Sun, Jupiter and Venus. Indications are clear that market is bit confused, because is heading for the final week of election and results after a week.
We may see change sin Chinese market movements, because of their government’s support. Now time is coming for the changes in current ROI in European nation. Remember, this year economy may be influenced with the election in various nations, importantly in US.
We may trade within range around 23000 of Nifty. Market may try to look for the upper levels at least till 01-06-2024 or the next Monday. Because next Monday, market will be influenced with the Exit Polls results. Next direction will drive the market on 04-06-2024. Possibly some jhatake may be seen during the next week. Because Lagna lord will be totally combust, in own house of lagna of India’s Horoscope.
Which may create some volatility in the market.
For today’s market – we may see some trimming on upper levels and buy on lower levels.
Watch IT, chips related segments, copper, automobile, banks, financial institutions (may play game), automobile tyres, automobile batteries, paints, reality, infrastructure, automobile parts including bearing, fashion, FMCG etc. may be showing movements, along with other segments.
Few Giants are trying to hold the levels. Is this good for Indexes? We may see next week.
Nifty may look for 23000 and trimming or profit bookings on upper levels. Buy on lower levels possible. Market is cautious, because of performances by opposition parties in the election. Crude oil is maintaining its levels around 80-84 USD.

Indian Rupee may trade in between 82.70 to 83.40 per USD.

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

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** Before investing or trading, check the technical aspects as well, which is a reading based on planetary movements

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