Daily Forecast – Share Market – June 5th, 2024
Fear of collapse | But recovery from lower for short period possible
Sun with Moon leads the day, well supported by Mercury, Jupiter and Ketu. As it was indicated that market may show one sided drive during the previous working day. It was a clear indication by astrology for the political disturbance or better to say for almost this situation. This was mentioned in my forecast/post on 26-05-2024 related to election @ https://anoopastrosutra.com/2024/05/26/vedic-astrology-impact-of-election-results-according-to-the-planetary-position-on-june-4th-2024/.
I hope many of you must have read the article before the election results. I agree that this was against the hope/expectation of majority. It will be better to wait and watch for new equations (chances) for the formation of central government.
Today, we may see some recovery from lower levels. Keep a watch on the political movements. It is still believed that BJP may move for the formation of government. Now, point is for ruler? My point is because lord leader of Cabinet is totally combust. Badhak Jupiter is transiting in lagna of horoscope of India.
Now, weaker government is expected in coming period. Because of total combustion of lagna lord of horoscope of India.
Possibly we may see some recovery of levels from lower levels, but will FIIs enter aggressively for few periods of time.
Nifty may try show the levels of +100 points. Political movements will influence the market. May give indication for 22000 of Nifty levels. Better to wait and watch. Crude oil is within the range of 75-80 USD.
Watch and move. For long term investments or long trades, better to watch for the settling down the political wind/turbulence.
Indian Currency
Indian Rupee may trade in between 82.90 to 83.70 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
