Nifty Prediction : Nifty may show Volatility | Range of (+/-) 50 points for Nifty possible

Daily Forecast – Share Market – November 16th, 2017

Nifty may show Volatility | Range of (+/-) 50 points for Nifty possible

Rahu, Mars and Mercury are leading the day with support of Moon, Jupiter and Ketu. Rahu is again influential and may force pressure on the market. Sun is also changing its sign today, day by day situation of local political situation may be influencing the market too. Possibly Nifty may look for 10100 level and try to recover from the level. Reason is Mercury and other planets may try to show some recovery. I agree that in the last moment of the day Rahu will be stronger, so which may give sudden changes in the market and trend.

Alcohol, spirit, electrical and electronic with defence related segments may be doing better. I feel that banks and financial institutions may be looking for the coming period. If it goes down, then may give opportunity to buy at the lower levels, because after few days, banks have to show their strength and give gains.

Mars and Saturn are still giving trouble and may remain for around a fortnight. So, gains for share market or crude or better to say situation for public and share market may be bit complicated.

Mercury may try to give positivity and Rahu may try to drag to lower side or further negative areas. That’s why I feel that Nifty may look for 10100 levels but will recover. May from current levels or from little bit lower levels.

Deceptive Rahu can deceive any movement.

Indian Currency

Indian Rupee may trade in between 65.00 to 65.60 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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