2024-10-28 07:11:35 Astrological Nifty Prediction : Nifty may look for 24225 and test 24050 | Jalwa ‘e’ Giants ahead
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Daily Forecast – Share Market – October 28th, 2024
Nifty may look for 24225 and test 24050 | Jalwa ‘e’ Giants ahead
Watch deceptive trades for coming days
Jupiter (Rx), Rahu and Saturn (Rx) are leading the day, Moon, Mars, Mercury and Venus. Importantly, week is starting after a fall on last trading session, possibly, we may see some buying from the lower levels, but pressure on upper levels also possible (even at the time of opening).
Nifty may try to look for 24225 but may breach 24100. Foreign cues may give some interesting movements, and indications for the coming time.
West Asia trouble is under control, probably because of US elections. Otherwise planets are indicating troubles with some calculations from both sides, no power tussle with blindness. Both have strengths, US is still in watching mode – probably because of elections.
Impact of Israel and Iran tussle may give impact on crude oil prices, but still may remain around 70-75 USD.
Indian market may have impacts of results, profits and their commentaries related to their companies. It will be better to watch banks with care and then look for opportunities.
Correction in the market is around 8.5% within a month. Still chances of correction or trip is possible. Remember, GDP Vs GST collection Vs Manufacturing Vs Employment Vs consumption Vs inflation are not justifying the flavor of economic growth. GST from retail is more than the corporation, which we are ignoring.
Weekend it will be Diwali Muhurt trading, so market may have some impact accordingly during the week.
Movements in many segments will be seen during the day. Keep a watch on FIIs during the week. Holding with FPIs (Foreign Portfolio Investors) are above $ 1 trillion, so foreign cues are key for our stock market.
Nifty may look for 24225 and stop loss at 23950 will be better.
Indian Rupee may trade in between 83.60 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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