Nifty Prediction : Nifty may show movements within range of 50 Points
Daily Forecast – Share Market – September 10th, 2018
Nifty may show movements within range of 50 Points
Venus and Sun are leading the day, with support of Moon, Mars, Jupiter, Saturn and Ketu. Government may try to improve situations better for Petroleum and currency, because this may be point of criticism for the Government for a month or so. Public unrest may be seen, for several reasons during the period. Keep a watch on currency and crude.
Planetary position wise, situation for the trade is not bad, but dasha wise this one year period is related to crude, public unrest, disturbance for government/head of the nation etc. So, long term investment must be with care and only for good and safe companies.
I feel market may show some movement during the day, pull up from lower levels possible. Vehicles, financial institutions, few banks, automobile segments, metals, paints, cement, infrastructure, power, Pharmaceuticals, leather, IT, communication, Import-export, paper, textiles and related segments. Cotton, entertainment instruments, petroleum, gas, dairy and leaf based segments may show some movements.
Nifty may show range bound trade. This may be within the range of 50 points on either side.
Indian Rupee may trade in between 71.50 to 71.40 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