2024-06-28 07:20:14 Astrological Nifty Prediction : Nifty may look for 24200 Stop loss at 23800 | Watch banks

2024-06-28 07:20:14 Astrological Nifty Prediction : Nifty may look for 24200 Stop loss at 23800 | Watch banks

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Daily Forecast – Share Market – June 28th, 2024
Nifty may look for 24200 Stop loss at 23800 | Watch banks
Rahu, Jupiter with Moon are leading the day, well supported by Mercury and Venus. Importantly Rahu is showing movements during the day. Today is last working day before the change of transition pattern of Saturn. From 30-06-2024, Saturn will start transiting retrograde. We may see some changes in the pattern of trading. Lower trend of the market will not be surprise for me in coming month or better to say after 30-06-2024.
Further Budget session in coming month may also have an impact on the trend of the trade. In anticipation, we may see inflation in the Index of various segments.
Today, market may show some movements. I may prefer to pick the trade with care, because of coming changes in planetary movements. Lord of banks and financial institutions may be showing movements on upper side and this lord may try to protect the levels few more days. But after that will be moving out of its house and have impact on IT and other segments.
Areas like banks, financial institutions, insurance, petroleum, Pharmaceuticals, chemicals, electrical and electronics may be doing better.
As mentioned in my posts, Nifty has crossed 24000, before 30-06-2024 (change in transit of Saturn). At one stage market may look for further movements. Stoploss at 23800 will be better. Nifty may look for 24200.
Crude oil will maintain around 85-88 USD. Oil exploration companies in India may give support to the market.
Keep a watch at the closing time.
Indian Currency
Indian Rupee may trade in between 83.10 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

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