Nifty Prediction : Market positive | Geo-Political condition important | Nifty looking for 8650
Daily Forecast – Share Market – November 1st, 2016
Market positive | Geo-Political condition important | Nifty looking for 8650
Rahu and Mercury are again in the lead with support of another four planets, indications are that market may show movements in various segments. I feel that market may show some moves for the better levels. Little bit of confusion or ups and downs can be seen. Nifty will be looking for 8750 levels in coming days.
Electrical, electronics, cotton seeds, cotton will be doing better during the day. We may see some disturbances with in the nation like strike or some other disturbances. Market will behave in better mood.
It will be better to trade with care, reason is geo political situation, even though our situation will be better for this trading market for the coming days.
Infrastructure, power, metals, cement, vehicles related segments will be doing better. Segments related to bio-technology may also be better in coming days. We may see some movements in IT related segments and logistics and transport inclusive of airways.
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.
Categories: Share Market