Nifty Prediction : Opening may Flat | Positive with Mixed movements possible

Daily Forecast – Share Market – September 20th, 2017

Opening may Flat | Positive with Mixed movements possible

Day is controlled by Mars, Mercury, Sun with Venus and well supported by Ketu. I feel that during the day share market will be in doing better. With some pressure, indexes may try to recover their lower levels and do better.

Indications are that Geo-political issues will be showing their impact on share market. At the same time indications from Government or agencies or likewise institutions may be influencing the trade in coming period. I understand that Banks and financial institutions are comfortable, but every point is to be considered with the information or news from government.

Period for Infrastructure, power and Vehicle related segments. Electrical and electronics etc. may be doing better. I feel that it’s a time to be careful because of geo-political issues. Otherwise market is in better mood during the coming days. Shortly Mercury will be moving to its own house and sign. Which may give strength to share market and banks etc. But important point is that Mercury will be heading for combustion too.

Possibly opening may have some pressure, but planets for the day are supporting.

I will look forward for banks, financial institutions, infrastructure, power, vehicles and automobile segment inclusive of automobile tyre. Jewellery, FMCG, perfumes and related segments, garments, silk, cotton and communication and media instruments may be doing better.

Keep a track on government and geo-political movements.

Indian Currency

Indian Rupee may trade in between 63.80 to 64.50 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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