Daily Forecast – Share Market – November 20th, 2018

Nifty may try to hold 10700 | Buying at lower levels possible

Saturn with Mercury (retrograde) is leading the day, with Sun, Mars, Rahu and Ketu. Mercury is picking up speed. Rahu and Ketu are strong, Indicating some pressure on the previous closing. Nifty may try to hold 10700 levels. Buying is possible at lower levels. Before going for short, it will be better to take precautions.

Positive for the market may be INR and crude, secondly, news from the government and its organization. Government may try to improve situations, since lord of the nation has started picking up speed. Still, elections are important for the trend after 20 days.

Selected banks, petroleum, gas, textiles, paper, agriculture related, automobile tyres, paint, housing material, infrastructure, cement, ceramics, cotton, communication instruments, silk, alcohol, spirit, with metals may be doing better or looking to set the day.

Look for opportunities at lower levels.

Indian Currency

Indian Rupee may trade in between 71.00 to 72.00 per USD.

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