Nifty Prediction : Nifty may trade within 10200 to 10400 | Volatility Possible again
Daily Forecast – Share Market –October 10th, 2018
Nifty may trade within 10200 to 10400 | Volatility Possible again
Moon, Rahu, Mars with Ketu, Jupiter, Saturn and Sun are controlling the day. Indicating that possibility of volatility, waves towards seashore, market may try to consolidate, but pressure of currency is strong. Because within last 12 days INR has lost its value more than INR 1.50 (roughly 2.09% slide in value) where as market had slide only 1.28% from upper values (approx.). Planetary movements and changes in their positions + tomorrow evening Jupiter will also be changing its sign/house. Which may influence political partnerships/equations in coming period. Jupiter is moving faster than its normal speed too. Directly/indirectly will be influencing government and market.
I believe market is trying to hold its position or try to form base at the current levels, but waves like Ocean is not giving moral support to a normal trader + foreign investors. After 12 or around Lunch, market may further show some ups and downs Volatility hence during the day trade with care.
Movements in many segments like crude/petroleum, insurance, research based segments, IT, banks, pharmaceuticals, textiles, cotton, communication, logistics, aviation, media, leaf based segments, rubber related + rubber and lubricant based like automobile tyres etc. may be showing movements in either side.
Nifty may trade within the range of 10200 to 10400.
Indian Rupee may trade in between 74.00 to 75.00 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