Daily Forecast – Share Market – November 14th, 2017

Nifty may trade in the range of 10180 to 10300 | Trade with care

Rahu and Mercury are leading the day with support of Moon, Mars, Ketu, Jupiter and Sun. After 11:30 Hrs (IST), Moon will be gaining strength. Mercury is indicating that market is looking for the opportunity to pick up from the lower levels, where Rahu is regularly showing strength to pull down or giving negative direction. This is also fact that this position is providing opportunity to look for pick good companies at lower levels.

I feel that after some pressure on the market will not be surprising for a while, but Mercury will like to hold the market and try to pull back for the positive direction. Action in many segments can be seen, inclusive of crude, petroleum and sea related areas. Saturn and Mars are exchanging aspect from the house of share market to the ups and downs and waves/profitability in the market. This is bit tricky. It will be better to trade with guards.

Vehicles, infrastructure, power, metal and cement etc. may be showing their movements with IT, communication, logistics and electrical / electronic etc. Spirit, alcohol and related segments may be doing better. Banks and financial institutions may give further chance to better side.

Movements in many segments can be seen.

Range bound trade possible.

Indian Currency

Indian Rupee may trade in between 65.10 to 65.70 per USD.

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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.