2024-09-12 06:59:56 Astrological Nifty Prediction : Nifty may look for 25000 | Stop loss at 24800 | Emotions are Key
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Daily Forecast – Share Market – September 12th, 2024
Nifty may look for 25000 | Stop loss at 24800 | Emotions are Key
Moon with Ketu leads the day, well supported by Mars, Rahu, Jupiter, Saturn (Rx) and Venus. Importantly, Moon is in transiting from Chhidra bhav of India’s Horoscope, indicates emotional impact on the market.
Foreign cues may play an important role during the day. US market is anticipating FED rate cut. For our market – the impact of many issues are important. We must identify them and trade accordingly.
It can be tough time because of many reasons. Traders can identify such issues and handle them according to their needs. Tie indicates – better to trade with care. Capitalize the trend and protect your funds (especially for middle class).
Watch shipping related to specific company(ies). Please also keep a watch on the authorities related to the market. Watch banks and their news related to deposits Vs. debts.
Still, I feel that market may show buying from lower levels for the day. Nifty may try for 25000 levels and cross it. Even then stop loss at 24800 will be better.
INR is losing its base. Crude oil is clearly giving indications for drop in demands (globally – especially in China). Crude may roam around 70 USD.
Look for the opportunities for the coming week (if available or as and when available).
Keep a watch on News and related important factors.
Indian Currency
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