Daily Forecast – Share Market – September 26th, 2024
Nifty may look for 26100 | Trimming possible | Stoploss @ 25900
Jupiter, Rahu with Sun leads the day, well supported by Moon. Mars and Saturn. Heavily malefic planets are influencing the day. That means movements can be like wave. Or deceptive. But still be bit better.
Lord of share market is inching towards total combustion status and will be badly affected by Solar eclipse of 02-10-2024, impact can be seen on or after 03-10-2024. Global markets will be facing true music and side effects in our market.
I feel that market in few countries have stated realizing the reality of the market – because of unemployment issues, demand in the consumption will be affecting the market.
Do not trade by watching index etc. Read ground reality, then plan for long trades blindly. Key point for the day is will the market be able to hold the levels of Nifty’s 26000. Or move ahead for 26100.
Stop-loss at 25900 will be better for a while.
Movements in sea related, insurance, pharmaceuticals, IT, logistics, banks (volatility in coming time possible), although movements of banks is indicating for some chances of volatility, communication, automobile (EV) because of news, alcohol, rubber, Tea and related segments, and many more may be showing movements.
Today, it will be better to watch the situation and then trade. Nifty may try to hold 26000 but stoploss at 25900 will be important. Crude oil Prices may remain around 72-76 USD.
Indian Currency
Indian Rupee may trade in between 83.40 to 83.80 per USD.
** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
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