Nifty Prediction : Volatile Market possible | Nifty may try to hold 10550
Daily Forecast – Share Market – May 21st, 2018
Volatile Market possible | Nifty may try to hold 10550
Venus and Sun are leading the day with support of Rahu, Moon, Saturn, Jupiter and Mercury. Political and geo-political issues may show impact on the market trend. Pressure is possible on the current levels. If any correction will not surprise me. Nifty may look for 10550. Simply I can say +/- 50 points for Nifty possible. Volatility can be seen.
Crude and currency are another important issue to influence local market.
Movements in many segments can be seen, that is not important. I feel traders should be watchful during this period. Period is for only hardcore traders.
I feel that Textiles, IT, communication, banks, crude, petroleum, steel, better to say metal may show impact on the trade. Infrastructure, power, insurance and sea related segments may show movements.
I feel that many segments may be showing movements inclusive of alcohol, carbon black too (but on either side).
Indian Rupee may trade in between 67.40 to 68.20 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