Nifty Prediction : Nifty may see some Pressure | Ups and downs not surprising

Daily Forecast – Share Market – May 18th, 2018

Nifty may see some Pressure | Ups and downs not surprising

Sun and Venus are leading the day with support of Mars, Rahu, Saturn, Jupiter and Moon. Indications are clear that Nifty may show some volatility and look for 10630 levels on lower side and 10730. Time has come to trade with care because some correction in coming period is possible (before Mercury moves to Gemini sign).

Action in Electrical products, electronics and engineering segments can be seen with Vehicles, automobile segments, banks at lower levels will be good for coming period. Currency is volatile, crude is also pressurising market due to Geo-political condition. Market is influenced due to political and Judiciary.

Seven planets are active, so movements on either side can be seen in majority of segments. Crude – Petroleum, sea based/related segments, import and export related areas, defence related field, agriculture, paper, alcohol and related segments, aviation and IT may show movements on either side with communication etc.

Trade with care.

Indian Currency

Indian Rupee may trade in between 67.60 to 68.40 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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