Nifty Prediction : Market may see pressure | Foreign cues and political cues are very important
Daily Forecast – Share Market – November 30th, 2015
Market may see pressure | Foreign cues and political cues are very important
Saturn is under pressure (total combust) of Opposition parties, that means Rajyasabha is under pressure of Opposition, impact will be seen on the market and even Judiciary/some decisions may also have some impact of opposition.
China’s lord of finance is total combust so impact can be seen for few days. This is giving impact on our Rupee value as well some impact on share market. Mercury lord of finance of India’s horoscope is comfortable, can show some moves in banks and share market too, political cues may give pressure on share market.
Silk, IT, Aviation, media, entertainment, electrical and power – particularly non-traditional will also be comfortable.
Keep a close watch on foreign cues.
Vehicles, automobile ancillary, tyre, petroleum, cement, insurance and finance from foreign can see some better movements. Certain engineering and infrastructure based companies may show some better moves. I will look forward for FMCG too.
Indian Currency
Indian Rupee may trade in between 66.30 to 67.10 per USD.
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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
Categories: Share Market
