Nifty Prediction : Nifty may trade in the range of 10110 to 10250

Daily Forecast – Share Market –October 24th, 2018

Nifty may trade in the range of 10110 to 10250

Jupiter, Ketu and Rahu are leading the day with support of Sun, Moon and Saturn. Due to crude areas like automobile and automobile tyres or segments using petro-products may be under pressure, that may be the reason, desired results are not delivered during this period. Logistics and travels and tourism etc. is also influenced.

Market is not in a healthy mood, may try to hold 10200 levels or bit upper levels. Waves will not be surprising for me. Pressure of INR, crude and public unrest is giving bit political instability, resulting market may wait or move like this for the coming period. Important point to hold 10000 levels for the market in coming period may be after closing. Banks may try to show some movements due to Banknifty closing.

Moon is also indicating that some movements can be seen with metal, power, automobile, currency, but it will be better to be careful with Jewellery. Sudden movements after one and half hour of trade is possible.

Nifty may test 10100 and on may look for 10250. Investors can wait for better equities with proper technical support.

Market is now, mainly based on local investors and small traders/investors.

Indian Currency

Indian Rupee may trade in between 73.00 to 74.00 per USD.

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

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