Daily Forecast – Share Market –July 18th, 2018

Nifty may look for 11075 levels | Trade with strict stop-loss

Moon is in leading the day with Jupiter, Mercury, Venus, Saturn (retrograde), Ketu and Rahu. Indications are clear that market may behave almost like previous day. Market seems to move with positive mood and look for upper levels for the day.

Nifty may show further movements of 50-60 point levels on upper side. This does not means that stop-loss should be avoided. Because combination of Rahu-Ketu may give sudden movements in any side. Announcement from government or agencies may influence some movements in banks or in the market.

In coming period opportunities may be available to pick at lower levels and sell at upper levels. But wait for long term investments.

Movements in Banks, financial institutions, petroleum, automobile tyre and automobile can be seen during the day. Textiles, leather, Health care, Pharmaceuticals, hospitals may show some movements.

Liquor, spirit, alcohol and related segments may be showing movements. Tea and coffee may show movements. Automobile, automobile ancillary and related segments may also be active during the day.

Indian Currency

Indian Rupee may trade in between 68.00 to 68.70 per USD.

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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.