Daily Forecast – Share Market – July 30th, 2024
Nifty may test 24800 | Global cues and local players important
Moon with Saturn leads again, well supported by Sun, Jupiter, Mercury and Ketu. This is a fact that the emotion of the market may remain active, or we can say that market may show movements in various ways.
Importantly crude may remain under pressure. Buzz in the market may be seen that China may show some sign of under pressure because of consumption part.
On date, possibly some pressure on the upper levels may continue. Nifty may give indications surprising movements.
I believe according to the planetary position despite of long-term capital gain tax, or other issues, market may show growth. I am bit confused for the movements. I agree that planets are supportive for the activities. But how this is going high, when consumption and inflation (food) is so high? Common man has no capacity to bear expenses. Food items and heavy tax structure of goods are costing high.
This is not only affecting the demand in the market but also forcing the manufacturer to reduce the production, again we may move in the period of 2019 after budget, when companies were forced to lay off staff or shut down plants for 2days of three days in a week. Please wait and watch. Players are enjoying the benefits of the loss of common man or casual traders.
Watch and trade accordingly.
Banks may show decent movements. But Nifty may test 24800. INR is not supportive.
Indian Currency
Indian Rupee may trade in between 83.30 to 83.80 per USD.
** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
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
