Nifty Prediction : Time to look for lower Levels | Pressure Possible | Global Cues Important

Daily Forecast – Share Market – February 9th, 2018

Time to look for lower Levels | Pressure Possible | Global Cues Important

Saturn, Mars and Moon are leading the day with support of Jupiter, Mercury and Ketu. Indicating for the positive movements, but Crude and foreign cues are important for the day. Importance of Debt investment may increase globally. Investment from FII’s are also important. That’s why global cues are important for the trade.

Defence, engineering, electrical and electronics may be showing their impact. Leaf based, FMCG, Pharmaceuticals, Textiles, Dairy product, travels and tours, transport (all surfaces), sea related, Petroleum, export related segments, leather, pesticides based with agriculture, Vehicles manufacturer related to agriculture may be in better position.

Shortly, Infrastructure, power, and metals with Vehicles and automobile segment will be looking for their grounds and may come back strongly in coming period. Time to look for such segments carefully at the lower levels.

Nifty may show +/- in levels.

Indian Currency

Indian Rupee may trade in between 63.70 to 64.60 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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