Daily Forecast – Share Market – August 9th, 2024
Nifty may show some upside movements | Trade with care
Market based on foreign impacts – not because of our own cues
Moon with Ketu leads the day, well supported by Jupiter, Saturn and Mercury. Almost all the important planets are actively involved with the involvement of other planets. Only Sun is alone, no connectivity. From tomorrow, combustion of share market lord may start.
Today, ossibly wobbling is possible, market may show some recovery from lower levels. It’s a typical pattern of giant traders. Watch your trades. Even then if possible then ride on wave and capitalize the situation.
Global cues may give some support to the market. But lord of share market and banks is not comfortable.
Metals, IT, logistics, entertainment with space and communications etc. and their instruments like radar and others may remain active during the coming period. Look for the companies of your choices with better performances. Also keep a watch of their relationship with the related official authorities etc. No comments in specific.
Enjoy the day with care. Watch textiles etc.
Market may show some emotional movements during the day. Crude oil may remain within 76-80 USD,
Indian Currency
Indian Rupee may trade in between 83.70 to 84.20 per USD.
** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
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