Nifty Prediction : Market seems positive | Nifty may look for 10540
Daily Forecast – Share Market – January 5th, 2018
Market seems positive | Nifty may look for 10540
Mercury, Ketu, Venus and Jupiter are leading the day with support of Moon. Mercury is in its last degrees, still affective. Venus is in the range of total combustion. Indications are that Banks, financial institutions, share market mood may remain positive, but some heaviness can be seen due to weak Venus and last degrees of Mercury. This is also true that share market is still positive.
I will look forward for banks, financial institutions. Because next working day, Mercury will be trying to hold own house of banks and financial institutions etc. I agree that with some ups and downs banks will be showing movements.
Petroleum, gas, oil and related segments like petroleum based products, rubber and based products, chemicals and lubricants, carbon black and related products may be doing better. Synthetic based products may remain in movements. Organizations based on research/laboratory etc. may be active.
I will be looking for automobile segments, automobile tyres, ancillary, electric induction based products may be better in coming days.
Electronic gadgets, communication, IT, logistics, media, entertainment industry may be better.
It seems market is positive for the day, but sudden changes may not be surprising.
Indian Rupee may trade in between 63.25 to 64.00 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