Nifty Prediction : Nifty may try to hold 10500 | Look for buying from lower levels

Daily Forecast – Share Market – November 14th, 2018

Nifty may try to hold 10500 | Look for buying from lower levels

Saturn and Mars are leading with support of Mercury, Moon, Sun, Jupiter and Ketu. Mercury and Venus are heading to change their direction of transit, so impact on the market is accordingly. INR and crude have improved their position for the market purpose. Impact on the market was evident. Still, geo-political situation is important along with local political situation. Please keep a watch. Judicial and any government agency or its announcement may be important in coming period.

Nifty may remain in range of 75 points on both sides like previous day. Nifty may try to hold 10500 level and look for 10650.

Equity wise trade will be better. Wait for opportunities.

Banks, financial institutions, textiles, paper, agriculture related equipment, Paint, building materials such as cement, ceramics, tiles and fittings etc. communication, petroleum, IT, media and communication instruments, cotton, silk, and engineering and electrical equipment manufacturing units.

It will be better to keep a close positive watch on infrastructure etc.

Indian Currency

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.

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