Nifty Prediction : Nifty may look for 11200 levels | Trade with strict stop-loss

Daily Forecast – Share Market –July 25th, 2018

Nifty may look for 11200 levels | Trade with strict stop-loss

Ketu, Moon and Saturn retrograde are leading the day with support of Rahu (combust), Mercury and Venus. Mercury will start transiting retrograde from tomorrow at 10:33 Hrs (IST). On 27-07-2018, we will see great Lunar eclipse. Which may show its impact from next working day.

As on date market may be looking for upper levels. Sudden dip or profit booking is possible. Market is still looking for new levels.

In coming week onwards, 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. Cotton, silk, dry-fruits and based products, ready-made garments, cosmetics and many  more segments from small caps may be showing 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 68.40 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.

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