2024-05-29 08:03:07 Nifty Prediction : Ups and downs Possible | Market norms suspicious | Casual traders – Protect funds - நித்ய சுபம்

Daily Forecast – Share Market – May 29th, 2024
Ups and downs Possible | Market norms suspicious | Casual traders – Protect funds
Waiting for first week | Tomorrow expiry | Stop-loss at 22800 Nifty | Watch deals
Moon with Mercury leads the day, well supported by Sun, Mars, Jupiter and Venus. Importantly, lord of lagna of India’s Horoscope is within 2 degrees distance from Sun, so this is totally combust, and this week will be total combust. That means support from the leader of the government is weak. Lord of profit and loss is transiting in the lagna of Horoscope of India, which may give chances of ups and downs. Profit bookings on either side is possible.
Buy on dips and sell on rise is quite possible, because of last phase of election is very close and after that coming Tuesday will be day for results of 43 day long elections.
Pressure on the market because of political reasons is possible. Trade Giants may try to book profits. Because they are on higher side of values, but casual traders may face some sudden JHATKA in next week or by the end of week. Exit polls on 01-06-2024 may be bit misleading, because of their results may be under pressure.
Astrology indicates (my observations) that chances of big Utha-Patak in elections as I have mentioned in my report for the 04-06-2024, related to election results on 26-05-2024.
Don’t take is granted on the basis of Media news (main or social, both may be driven with their own pre-mindsets. I wont say that they are partial, but pre-mindset is influencing the results derived by anyone. Wait for 04-06-2024.
Global cues may not be supportive, crude oil may also give some upside movement, because of its lord is coming out of combustion on 02-06-2024.
Banks, insurance, companies of giant business house, IT, communication, aviation related segments, airport managing companies – because of poor working of many cities (where flights are not working properly), petroleum exploration, power, automobile and many more may be showing movements (either side) – all the segments.
Use the trend of market. Protect your funds (for the time being), because is this can be earning.

Indian Rupee may trade in between 82.70 to 83.50 per USD.

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

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