Daily Forecast – Share Market – August 20th, 2018

Nifty may look for 11525| Look for better Opportunities

Mercury, Moon and Ketu are leading the day with support of Saturn (Rx), Sun and Jupiter. Indications are that market may like to look forward and may cross 11500. Mood of the market is positive but cautious too at these levels.

Action in IT, communication logistics, banks, financial institution, Vehicles, infrastructure, power, cement, Iron and steel, leather, textiles, dairy products, travels and tours etc. can be seen with Petroleum, insurance, cotton, sports and education related segments.

Paper, fertilizer, sugar, agriculture produces may be showing movements. Rubber and coffee related segment may show some movements. Leaf based products with FMCG and Pharmaceuticals may be in better position.

It will be better to guard at upper levels and use stop-loss.

Indian Currency

Indian Rupee may trade in between 69.50 to 70.10 per USD.

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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.