Nifty Prediction : Positive emotions | Profit booking at upper levels possible | Take guards
Daily Forecast – Share Market – November 6th, 2017
Positive emotions | Profit booking at upper levels possible | Take guards
Mars, Moon and Rahu are leading the day with support of Saturn, Mercury, Ketu and in the later part of the day Jupiter too. Indications are that market emotions are positive, but pressure or profit booking or due to foreign cues etc. little bit of pressure can be seen during the day. Banks and financial segments are showing their movements.
This is also fact that exchange of aspect of Saturn and Mars is not a comfortable position for the globe, Share market and related ups and downs. This may also influence crude, shipping or sea related segment in coming few days. Keep a watch on related news (local and globally).
Engineering, electrical, electronics, pharmaceuticals, agriculture, communication instruments, fibre based, rubber, leaf, dairy and so many segments may show their involvement during the day. Garments, silk, drugs, pesticides or germs related areas may be showing their movements. Germs means – companies like biotech or likewise.
At least now – planetary position is indicating movements in many segments. Which may give advantage to mid-caps and small caps, along with other segments.
Rahu may give sudden changes.
Indian Rupee may trade in between 64.50 to 65.00 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