Nifty Prediction : Market seems holding position for while | Nifty in range of +100 and -250 points
Daily Forecast – Share Market – August 6th, 2018
Market seems holding position for while | Nifty in range of +100 and -250 points
Sun and Mercury are in lead for the day, well supported by Moon, Jupiter, Ketu and Saturn. Possibility of impact of foreign issues/trade may be seen after lunch hours. Or import related trade may show some different moves.
It’s fact that when Major planets are retrograde, in such condition, market may wobble and mis-lead. Possibility of movements (changes) in IT, communication, travels and logistics after 14:00 Hrs (IST). Crude, fertilizer, textiles, leather, pharmaceuticals etc. may also be showing movements after 14:00 Hrs (IST) or some changes can be seen for next few days.
Opportunities for logistics related segment can be seen in coming period. Possibility of movements can be seen in Vehicles, automobile batteries, automobile tyres, infrastructure and power related segments in coming period, or possibly in current period too.
Activities related to government and agencies – indicating that their action and announcements may also be protecting share market. Even then it will be better to be cautious at upper levels. Lower levels may be 250 points less than the current levels of Nifty.
Indian Rupee may trade in between 68.20 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