Nifty Prediction : Trade is showing range of 10900 to 11200 | Trade with guards
Daily Forecast – Share Market – September 28th, 2018
Trade is showing range of 10900 to 11200 | Trade with guards
Moon is leading he day with support of Sun, Jupiter, Saturn, Ketu, Venus and Rahu. Six planets are active and indicating that movements in many segments can be seen. Still, market has not gone for proper correction. Mercury is holding this proper correction. Time to time market is showing buying at lower levels and again slipping from upper levels. Action in maximum segments are seen.
This is not only because of financial reasons, but political, and geo-political situations. Countries are trying to safe-guard their interests (giant counties), which are affecting other nations. It is difficult to maintain balancing of local currency with USD. That’s why many nations (including India) are facing issues. Petroleum is another area, which is hurting sentiments of market, as well sentiment of trader/common man.
It will be better to trade with care and it looks that market is trying to remain in the range of 10900 to 11200. It will be better to with guards within the range.
It is surprising that other planets like Rahu/Ketu/Saturn are not allowing exalted Mercury to give proper advantage. Anyways, it will not be wise to give comments on the movements (positive) for segments.
Still market may try to look for 11050 of Nifty, but will it be able to hold this level will be a big question.
Trade with guards.
Indian Rupee may trade in between 72.20 to 73.00 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