Daily Forecast – Share Market – November 21st, 2018

Buying at lower levels | Sell at upper levels | Range bound

Saturn with Ketu is leading the day, and well supported by Rahu, Sun, Mercury and Mars. Jupiter is combust. Foreign cues may not be so strong, but market may give opportunity to buy at the lower levels. Normally Ketu can give recovery, but I am afraid of involvement of Rahu. Mercury is also in reversal movement, Saturn is pressurising banking issues, which is not allowing banking to show better movements. Still I feel that coming period for the market may be for buying opportunities at lower levels.

Nifty may show some positive moves, but I feel that trade will be within range of 150 points on either side (for coming period, including 19-11-2018) from 10682 points.

Movements in Petroleum, financial institutions, infrastructure, cement, building materials, agriculture produces, banks, financial institutions, engineering, electrical and electronics, metals, paint, ceramics, spirit, alcohol, logistics and IT can be seen. Rahu may give ups and downs so, trade with strict stop loss.

Currency is playing a positive role along with crude. Only concern is local political issues and impact of Judiciary in coming period.

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.