Nifty Prediction : Recovery Expected from lower levels | Profit Booking is also expected
Daily Forecast – Share Market – January 13th, 2016
Recovery Expected from lower levels | Profit Booking is also expected
Rahu and Jupiter retrograde is indicating some geo-political complications for Crude oil, hence is not comfortable.
As I have mentioned on yesterday that recovery from lower levels is expected, which can be seen on date. Still I do not feel a suitable period for long term traders, because Mercury is also retrograde and combust too (heading towards total combustion).
Vehicles, Jewellery, communication, IT, with travels and transport can give better movements. Since Rahu is also involved, so on upper levels we can see profit bookings too. Or Volatility is also possible.
I will like to look forward for breweries. Power, electrical products, and electronics may show some better moves with FMCG.
Overall market may show movements in many areas.
Indian Rupee may trade in between 66.20 to 67.00 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