Nifty Prediction : Trade wisely due to correction | Mixed reaction due to Govt. | Volatility expected
Daily Forecast – Share Market – November 11th, 2016
Correction expected | Mixed reaction due to Govt. | Volatility expected
Saturn is in the lead with support of all seven planets except Mars. Indications are clear that market will have movement and may show some positive trend. I feel that Geo-global cues will be supporting the market along with the impact from local cues, government etc. But pressure and shakiness is unavoidable. Movements are expected
Market may look for next levels, which may give positive vibes to the coming days. I agree that some chance of volatility is un-avoidable.
Textiles, paper, vehicles, power, automobile tyres and automobile parts etc. It will be interesting to look forward for electrical and electronic etc.
I feel that market may show moves during the day due to Geo-political moves.
Movements in Petroleum and related segments will be better. Silk, FMCG, spirit and alcohol with cotton and ready-made garments etc.
Day will improve.
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