Nifty Prediction : Mixed but Positive day expected | Local cues important
Daily Forecast – Share Market – July 20th, 2016
Mixed but Positive day expected | Local cues important
Saturn is retrograde and leading the day with support of Venus, Jupiter, Sun and Mercury. Indications for mixed type of indications. Overall market seems positive, with some hiccups. I believe local cues are more important for our market now a days, it’s also a fact that foreign cues cannot be ignored, which may be mixed due to various reasons.
Information or news from government or some of political parties may be important for the sentiment of the market purpose. Government may use Bhed neeti to clear GST bill and one of the important leader of the stated may extend their support for the bill.
Jewellery, gems, insurance and petroleum segments may show movement. Keep a watch on logistics, travels and tourism with entertainment and media related segment. Power, automobile tyres with infrastructure may be better
Still I feel that market may be positive with some issues.
Trade with care.
Indian Rupee may trade in between 66.70 to 67.40 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