Nifty Prediction : Laziness or close to the previous closing is expected | Volatility expected
Daily Forecast – Share Market – January 18th, 2016
Laziness or close to the previous closing is expected | Volatility expected
Jupiter and Rahu are involved in planetary war, Mercury is transiting as a fallen planet, unable to support own market or banks (PSU’s). Mars is indicating that cues from foreign market will be important or other issues than local market or information based issues may be giving guidance to the market or influencing this market resulting Volatility is expected. We may try for recovery from lower levels as mentioned in my previous post.
Crude may further be under pressure with insurance and sudden loss or gains will be creating issues for the traders. Rahu is clearly indicating chances of Volatility cannot be ignored.
Time is coming to look for the products involved in transport products manufacturing segment like tin or alloys etc. which may give some gains.
Because of China or pressure from China – products from china may give some pressure on local competitors (manufacturing units) and may not allow local companies to enjoy benefit of dip in petroleum.
Trade watchfully, market may open with laziness.
Indian Rupee may trade in between 67.00 to 68.00 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