Daily Forecast – Share Market – September 3rd, 2024
Nifty may look for 25350 | Stoploss at 25150 better | Watch related news
Moon, Mars with Venus leads the day, well supported by Jupiter, Mercury and Saturn (Rx) may influence the market during the day. Remember, local issues along with the foreign reserves or FIIs may influence the day along with IT, logistics, communication etc.
Crude oil prices along with the government’s policies may give advantage to the oil marketing companies, keep a close watch.
Tough time for the leader of cabinet because of some inside reasons (just chances), because of Venus with Ketu and exchange of aspect with Rahu. Internal issues may try to give impact on economy.
As on previous day, opposition has attacked on the authorities of SEBI, but market may try to hold the levels. We may see some more movements on the upper side with safeguards. This market (not only this market, even global market) is still moving ahead slowly and gradually. Nifty may look for 25350 or so, with some sell on upper levels, buy on dips. Trade accordingly.
In my opinion (apart from astrology) time may show some gains, but do not rely, any time situation may give JHATAKA. Astrologically, some unknown forces may try to protect the market. Sudden changes (I wish for no bubble burst case). Whistle blowers are not strong enough to change the momentum.
Nifty may try to move with slow movements. Sudden changes will be seen in the coming time.
INR is point of concern, but crude is supporting.
Indian Currency
Indian Rupee may trade in between 83.50 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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