Nifty Prediction : Opening may in Positive zone | Sudden changes expected

Daily Forecast – Share Market – May 20th, 2016

Opening may in Positive zone | Sudden changes expected

Venus and Sun are leading the day with support of retrograde Saturn, retrograde Mercury, Rahu and Jupiter. Mars is also retrograde, whereas Mercury’s movement is slowing down because from 23-05-2016, will start transiting direct. Hence movement till 23-05-2017 is expected to be based on foreign trades etc. Venus is heading for total combustion, so direction from government or agencies may not be strong, Indian Rupee may also be bit weak.

I believe that market may be dull due to own indications, Rahu is indicating that change in direction or trend is expected or unreliability is expected during the day.

Market may reverse from yesterday’s trend and may show some positive opening or likewise situations.

Market may show some recovery from lower levels.

Pharmaceuticals, Sugar, Power, housing related segments like adhesives, plywood and reality may do better. Batteries and related segments may be doing better with breweries/alcohol, chemicals and auto ancillary may be doing better.

But Vehicles, media, communication, transport and hotel and tourism may not be comfortable.

Insurance, crude, Jewellery related may be doing with sea and related segments.

Indian Currency

Indian Rupee may trade in between 66.80 to 67.80 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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