Nifty Prediction : Indexes looking charged | Equities getting tired | Look for good silent equities
Daily Forecast – Share Market – August 10th, 2018
Indexes looking charged | Equities getting tired | Look for good silent equities
Saturn retrograde, Sun and Mercury retrograde are leading the day with support of Jupiter, Moon and Ketu. Indexes are looking better than the position of many equities. It will be better to focus of weak equities, if possible then book profit and look for opportunities for good equities, which were silent in previous rise (may be from banks or other).
Nifty may try to look further new levels or mark, but still it will be better to be careful about equities. Textiles, leather, fertilizer, agriculture based or produces, FMCG, paper, vehicles, logistics, IT, communication, transport, communication instruments, Optic fibre, entertainment instruments, automobile segments (includes all), crude, petroleum and insurance may be showing action. Previously silent equities are active now.
It will be better to look for new levels in indexes. This may give a range of (+/-) 50-60 points on either side at any moment.
Trade with care and strict stop-loss.
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