Daily Forecast – Share Market – June 4th, 2024
Lunch time may set the direction for coming time
New levels but watch with care
Moon with Sun leads the day, well supported by totally combust Venus, Ketu, Mercury and Jupiter. Lord of gains or loss is placed in the lagna of India’s horoscope and giving aspect on the house of share market. Indications are that possibly, we may open with Positive note. Influence of exit polls may be seen in the opening session. But the market will be responding to the results of general election 2024. Share market lord is winning in planetary war with the lord of gains or loss.
Market may set the direction after or around lunch hours. Nifty may be looking for another new levels. Broking houses and giants may start with positive note, but will be waiting cautiously for the results of election.
Crude oil may show some pressure on upper levels. INR may also show some recovery against USD. Next pressure on global market will be for US election.
I believe that one should watch the results with care. So, that can plan strategy for the coming years. Budget session will be in July, which will set the direction for the market.
Areas for each and every segment may be seen with free movements according to the direction indications after 12noon.
It will not be wise to give levels for the index.
Indian Currency
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
