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Daily Forecast – Share Market – July 12th, 2024
Nifty may remain within the range | Buy on dips possible
Moon, Jupiter, Saturn and Sun are leading the day, well supported by Mercury. Strong movements possible. Almost entire horoscope is active. Results according to local issues and movements may be seen during the day. Remember, it’s the last working day of the week. Chances of volatility in next week possible.
Government’s activities may be under estimation, hence big players may try to capitalize the market in coming week, hence, today, market may see upside movements. Next week, some pressure is also possible.
Try to use the emotions of the segments and market. Wait and watch in the initial hours of the day, and use the wave in your favour.
Stoploss will always be good and protect. Banks are trying to show something. RBI’s news or some other related news may give the direction to the market in coming period.
Remember, indications from the planetary movements – disinvestment news may once again inflate the market in certain segments or companies – be careful. This may be a news from big player or from other sources. Always check the news from various sources and play safe on either side.
INR may lose its base, crude may remain interesting for the period. Watch energy prices. Hence, production cost may be influenced. I do not see any new idea from the government side in budget. Mahadasha indicates that maintains the same ideas in the period.
Automobile sector is confirming that consumption of goods are lowering down, that’s why two Giants have come up with discounts. I am still afraid of gap between GDP and consumption in the market. Reason – possibly due to low Per Capita Income (in comparison to inflation in edible).
Crude oil may maintain around 84-87 USD.
Nifty may show movements from lower levels after two days recovery from the lower levels to the opening levels. Nifty is ready to look for 24400. Still, big bulls are ready to play game like previous two days.
Indian Rupee may trade in between 83.10 to 83.70 per USD.
** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
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** Before investing or trading, check the technical aspects as well, which is a reading based on planetary movements
https://nithyasubam.in/english/astro-stock-market-prediction/2024-07-12-070228-astrological-nifty-prediction-nifty-may-remain-within-the-range-buy-on-dips-possible/
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