Nifty Prediction : Nifty looking for 8750 in coming days | Volume of trade may reduce in coming days

Daily Forecast – Share Market – October 19th, 2016

Nifty looking for 8750 in coming days | Volume of trade may reduce in coming days

Moon, Mars and Venus are leading the day with support of Saturn, Mercury and Rahu. Mercury is heading for combustion, which may give some negative impact on banks and finance as well movements in share market may be not so strong. Sentiment of traders may be for trade with cautious mode for tomorrow.

This clear that even though planetary position is fine for the share market, Mercury is close to exaltation but unable to give the best results for own house. Rahu is one point which gives me always a shaky indication. It will be in the range of +/- 0.5 % of movements. So, it will be better to trade with strict stop-loss if someone is trading for upper values. I am bit doubt for better upper values. Banks may show movements but can also give some ups a downs too.

IT, communication, travels and tours may be bit better along with travel luggage etc. Automobile tyre industry will also be doing better.

Trade wisely for the coming period.

Indian Currency

Indian Rupee may trade in between 66.40 to 67.50 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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