Nifty Prediction : Opening pressure possible | Ups and downs possible | Mood still positive
Daily Forecast – Share Market – January 2nd, 2018
Opening pressure possible | Ups and downs possible | Mood still positive
Jupiter, Mercury and Venus (close to total combustion), with Ketu, Rahu and Moon are controlling the day. After 12:30 Hrs (IST) Rahu will not be active as will be in the morning, hence Jupiter will be much better. I feel that, pressure on the opening of the market will be quite evident. Coming period may give an opportunity to pick at lower levels, so, its not a time to go for long term investment.
Action from many segments can be seen during the day on either side, because many planets are active and ready to deliver on either side. Even then Mid-caps and small caps may be doing better.
Banks, crude, gas, Vehicles, IT and communication may be playing important role for the direction of the market.
Dairy products, travels and tours may give an opportunity for the next few days with IT and communication etc. It’s a time when one must think product wise (I mean strength of the company wise) for the long term.
Lord of the horoscope is heading for the total combustion (this will continue for next few days or this week). Hence, I will like to trade with care and not look for any guidance from the government or agencies (for stable purpose).
Still, market seems to be positive, and consolidating breath for the next levels. But due to Venus, I am bit careful and like to trade with the guards.
Indian Rupee may trade in between 63.55 to 64.20 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