Nifty Prediction : Ups and downs not surprising | Nifty may try to hold base
Daily Forecast – Share Market – July 5th, 2018
Ups and downs not surprising | Nifty may try to hold base
Saturn retrograde in lead, well supported by Rahu, Ketu and Moon. Heavy impact of Rahu and Ketu axis. Leader Saturn is also retrograde. Pressure will not be surprising on the trading values. Venus has changed its house, Jupiter retrograde is slowing down its speed for us. Rain may be less during the month (comparatively).
Indications are that market is ready to see volatility again during the day. Nifty might try for 10800 levels or on the other hand volatility or pressure may drag back to 10700 levels or so. It will be better to say that Nifty may trade in between 10700 to 10800 levels.
Health care, textiles, sugar, fertilizer or agriculture related segments may be interesting, with banks, financial institutions, communication instruments, musical instruments, cotton, silk, wine and related segments like spirit etc.
Petroleum and related segments, automobile related segments like batteries etc. may be showing movements. It will be better to be watchful for mid-caps and automobile tyres etc. Or it will be better to say that to look opportunities at lower levels.
I am always watchful when Rahu-Ketu are active with same influence.
Indian Rupee may trade in between 68.40 to 69.20 per USD.
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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
Categories: Daily Panchang