Nifty Prediction : Pressure on upper levels possible | Keep watch on Political moves

Daily Forecast – Share Market – November 1st, 2018

Pressure on upper levels possible | Keep watch on Political moves

Saturn with Mars is leading with support of Sun, Rahu, Ketu and Mercury. Issues related to government, its organization, system, Judiciary and other aspects may influence the market. Various news or issues related to the government and agencies may be cause of concern. Otherwise market seems to move positive. Nifty may look for upper levels, but dip is also possible due to some news or foreign issues too.

Banks, financial institutions, Insurance, defence, Logistics, infrastructure, power, tiles/ceramics, automobile and related segments may be showing movements. Metals and related areas may also be doing better.

Textiles, sugar, agriculture and related segments, cotton, electronic and electrical segments may be showing their moves.

Keep a watch on news related to Government and its machinery, which may give some important direction for a while.

Indian Currency

Indian Rupee may trade in between 73.40 to 74.30 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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