Nifty Prediction : Buying at lower levels |Trimming at Upper level
Buying at lower levels |Trimming at Upper level
Sun, Mars and Saturn are controlling the day with support of Jupiter, Ketu and Mercury. Moon has moved to Capricorn with Ketu, Mercury and Venus are slowing down their speed for us, because Mercury and Venus both are close to change their direction of transit. Even then I feel that market may show buying from lower levels. Trade range is within 10400 to 10650 of Nifty. Possibility of trimming at upper levels.
Textiles, leather, FMCG, Pharmaceuticals, paper, leaf-based segments, coffee, companies manufacturing tea or tobacco etc. may show some movements on the day. Paints, ceramics, infrastructure, cements, electrical and electronics, automobile, crude and related segments, shipping, communication and entertainment instruments etc. may be doing better.
IT, logistics, cotton, research and related segments may be doing better. Keep a watch on banking companies too.
Keep a close watch on Geo-political movements which may give indications for trade-war.
Indian Rupee may trade in between 72.40 to 73.40 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