Nifty Prediction : Nifty Looking for new levels | Still trade with stop-loss and care
Daily Forecast – Share Market – July 31st, 2018
Nifty Looking for new levels | Still trade with stop-loss and care
Sun and Saturn (retrograde) are leading the day with support of Moon, Mercury, Jupiter, Rahu and Ketu. Four planets are giving strength to the market, where as three planets may play tricky role. But I feel that market is still looking for new levels.
Almost all segments may remain active. Action can be seen in banks, financial institutions, IT, communication, logistics, vehicles, communication related instruments which may include cables etc., Crude and petroleum, FMCG, fashion related segments, travels related bags etc., fast food, insurance and foreign related issues will be important for the day.
Keep an eye on judiciary or government announcement in coming period, which may influence the market on either side.
I believe almost all segments may remain involved during the day. Still trade with strict stop-loss (I am always careful of three retrograde planets and combination of Rahu-Ketu).
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.
Categories: Share Market