Nifty Prediction : Positive movements Expected | Nifty may trade within +/- 60 Points
Daily Forecast – Share Market – February 19th, 2018
Positive movements Expected | Nifty may trade within +/- 60 Points
Mercury with Rahu are in lead, well supported by Ketu, Jupiter, Mars and Moon. Mercury is trying to come out of the shadow of Sun and Rahu can give suddenness to any side when activated with Ketu. Impact of Banks may show some more issues, which was indicated when Mercury was involved in Solar eclipse. So, impact can be seen slowly and gradually in various areas like education, political issues etc. Hence, even though market may gain strength or trying to hold the string, some hiccups are possible.
Global cues with Petroleum segment may also play some role. Vehicle, infrastructure, power, automobile and related segments, metal may be showing some movements. Movements in petroleum, IT, communication and its instruments etc. can be seen with entertainment segment.
Market may try to recover from lower levels, but sudden changes or some unknown reasons may give sudden changes. Hence, ups and downs can be seen during the day.
Banks may be playing important role during the day, that’s why I am bit afraid.
Anyways, Nifty may show (+/-) 60 point movement. Lord of bank and share market is trying to come out but some issues related financial system may not be supportive.
Engineering, electrical and electronic goods, communication instruments and some other PSUs may be showing movement.
Indian Rupee may trade in between 63.60 to 64.50 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