Daily Forecast – Share Market – July 11th, 2024
Buying at lower levels possible | Nifty may look for 24400
Keep a watch on VIX – Volatility Index
Jupiter, Moon, Saturn with Sun are leading the day, well supported by Venus and Mercury. Importantly after 13:30 Hrs (IST) we may see some changes in the trend or emotions of the market.
Watch Petroleum based segments, news related to space and hardware industry may give some movements in the direction. Insurance and agriculture produce may give an imbalance to inflation. Impact may be seen after 23-07-2024.
It will be nice to use the time and capitalize the movements on either side.
INR is losing its base and crude oil is looking for 90 USD or giving indications for the levels. Undoubtedly, our energy cost will increase in coming time, and manufacturing costs may go up, (irrespective of prices for crude goes up or down). Main bread and butter for long time – IT is also not running as it was, so export is not rising as it should have been. After 2025-26 period, income from defense and revenue from foreign lands may increase, but the coming period may show some utha-patak on national levels on various segments.
Nifty may try to hold the levels, but chances are showing something different. Planetary position may give different ideas in the coming period.
Keep a watch on shipping or sea related segments in next 15 days.
Volatility in coming time is again possible. Buying from lower levels possible. After Profit Booking of previous working day, possibly Nifty may try to look again 24400.
Indian Currency
Like this:Like Loading…
Related
Compare our prediction with
Telegram : https://telegram.me/gagashare
Youtube : https://youtube.com/gagashare
Website : https://mrgaga.in/share
Facebook : https://facebook.com/gagashareindia
Follow Us:
https://facebook.com/nithyasubamin
https://nithyasubam.in
https://www.youtube.com/@nithyasubam
** Before investing or trading, check the technical aspects as well, which is a reading based on planetary movements