Nifty Prediction : Volatility in coming period | Nifty may try to hold 11000
Daily Forecast – Share Market – July 13th, 2018
Volatility in coming period | Nifty may try to hold 11000
Jupiter, Ketu and Moon are in lead with Rahu, Saturn retrograde and Mercury. Solar eclipse is not visible in India, but may influence other foreign trades, which may indirectly influence our trade. Lunar eclipse is ahead (after fortnight). Possibilities are that market may see dip in coming period. I believe that due to these eclipse, market may show dip and rise in coming period.
Today nifty may show range of 50 point on either side. May try to hold 11000 levels. Crude is also looking for some support or may play role in trade war too. I will like to be watchful for IT, communication, media, travel and tourism, logistics for the day. But may look for these segments at lower rates.
I will like to be watchful during the day.
Activities can be seen in many segments, like textiles, leather, engineering and automobile tyres too. 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.
Indian Rupee may trade in between 68.00 to 68.80 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