Nifty Prediction : Pressure on Local Market is Possible | May breach 7200 Nifty level

Daily Forecast – Share Market – February 11th, 2016

Pressure on Local Market is Possible | May breach 7200 Nifty Level

Sun, Jupiter retrograde are leading the day with support of Mars and Mercury. Mars is again afflicting lord of share market, lagna of India’s horoscope. Issues related to foreign market may be disturbing local market.

I feel that due to planetary war between Rahu and Jupiter, market may further see lower levels. It’s a time to book profit on rise. Global issues from China’s horoscope and US, are not comfortable for our market. We may see some changes after 12:00 Hrs (IST).

Automobile tyres, electrical appliances, Infrastructure may give some better moves. It will be wise to trade carefully in Pharmaceuticals. By and large we may see pressure on banks too. IT and transport may be doing better.

Indian Currency

Indian Rupee may trade in between 67.40 to 68.10 per USD.

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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.

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