Nifty Prediction : Profit booking/consolidation possible | Trade with stop-loss on either side

Daily Forecast – Share Market – November 27th, 2017

Profit booking/consolidation possible | Trade with stop-loss on either side

Rahu, Ketu and Mars are leading the day with support of Mercury, Saturn and Jupiter. Mercury and Saturn are involved in planetary war. Possibly later part of the day some news from Judiciary or agencies or government may influence banks/share market etc. Indications are clear that Rahu and Ketu are playing key role with Mars, so volatility, consolidation is possible at upper levels.

Engineering, Banks, financial institutions may remain active. Mercury will try to safeguard banks and financial institutions, but possibility of ups and downs like sea waves also possible.

Textiles, agriculture, FMCG, may show some volatility with Pharmaceuticals, engineering etc. Government may react but possibly bit late on some announcement etc.

Petroleum, crude, alcohol, spirit and related segments may be in action. Sugar may be active in a day or two. I feel that in coming days few results from the government side may be giving some relief to the segments, which may be better.

Electrical, electronic, communication instruments, musical instruments etc. with cosmetics may be doing better.

Market seems to be positive but sudden changes or consolidation is possible. Stop-loss on either side important.

Indian Currency

Indian Rupee may trade in between 64.20 to 64.90 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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