Nifty Prediction : Nifty may look for 11200 | Suddenness possible on either side

Daily Forecast – Share Market – July 27th, 2018

Nifty may look for 11200 | Suddenness possible on either side

Saturn retrograde and Moon are leading the da with support of Sun, Ketu, Rahu, Mercury retrograde and Venus. Sun, Moon, Rahu and Ketu will be involved in Lunar eclipse in the night, other planets – involved or influenced directly are Mars and Mercury. Hence, after closing I will like to be watchful for carrying positions. Next working day will be having impact of Lunar eclipse and retrograde lord of share market and banks etc. Banks have shown positive movements after Mercury’s retrograde transit.

I feel that market may look for 11200 levels, but sudden changes are possible.

Vehicles, cement, infrastructure, with agriculture, water related, shipping etc. may be important. It will be interesting to see impact of foreign issues and reaction from share market. Defence etc. may also be showing some impact.

Banks and financial institutions may show wobbling during the day. Movements may be close to previous day. It will be better to wait for the long term investment.

Movement can be seen in cosmetics, FMCG, eatable products, banks, financial institution, IT, communication, communication instruments, alcohol, spirit, wine and related segments, petroleum and defence related issues, judiciary or government agencies may give some decision, which may affect market.

Trade with care. Book profit as and when required. Major impact can be seen in coming week.

Indian Currency

Indian Rupee may trade in between 68.40 to 69.00 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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