Nifty Prediction : Nifty trade 8025 to 8175 | Range bound | Volatility expected

Daily Forecast – Share Market – November 21st, 2016

Nifty trade 8025 to 8175 | Range bound | Volatility expected

Venus, Mercury and Moon are leading the day, but Rahu and Ketu with Saturn are creating some confusions in the market. Government is looking forward for few more steps, which may give impact on financial aspects. I feel market is confused with such issues. Volatility in the market.

New lows cannot be denied. Crude in coming months will be interesting. Particularly after December 2016. Key factors to control the market will be US, China and current government policy. I expect better bank nifty after this week or by the month end. We can expect something new from Government’s end in coming period. I feel market may see that impact of the steps of government will start slowly and gradually settling down and impact may be seen. Industry may have to face some issues.

Lower side nifty may touch 7950 level, but I feel that slowly and gradually market may start showing some better moves. Even though market and industry are shaky and may show lack of confidence.

Today market show volatility.

Indian Currency

Indian Rupee may trade in between 67.40 to 68.60 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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