Nifty Prediction : Nifty may look for Upper side | Also try to hold 10525
Daily Forecast – Share Market – November 12th, 2018
Nifty may look for Upper side | Also try to hold 10525
Mars and Saturn are leading the day with support of Sun, Mercury, Jupiter, Ketu and Venus (Retrograde). Venus and Mercury have started slowing down their speed for us. Indications are that attack on government policies may be increasing for a while, and impact may be seen on the market (partial). Local political impact can be seen on the market in coming days, where as geo-political and crude impact will be important for the day. I feel that market may have basic mood of positive side but moves for the lower side is also possible. This may not be very big. Possibly Nifty may look for 10700 levels in coming period.
On the lower side Nifty may try to hold 10525 levels.
Movements can be seen in banks, financial institutions, Paint, cement, textiles, electrical and electronics, automobile or segments based on petroleum, carbon black, paper, pharmaceuticals, Petroleum, sea related, ports, research organizations and Metals etc.
It will be better to look for silk, cotton, communication instruments, entertainment instruments and chemicals related to germs etc.
Nifty may try to come up. But Volume in coming period may bit slow down or waves may be low.
Enjoy the trade with stop-loss.
Indian Rupee may trade in between 72.00 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