Nifty Prediction : Nifty may look to cross 10700 | Ups and downs possible

Daily Forecast – Share Market – November 29th, 2018

Nifty may look to cross 10700 | Ups and downs possible

Saturn is leading the day with support of Sun, Mars, Mercury, Venus and Rahu. Mercury is retrograde, but crossed Sun, still combust – try to regain its strength. Jupiter is still combust and may not be in a position to give its best results.

I feel that on date Market may be crossing the closing value for Nifty of 16-11-2018 closing ie. 10682. It is also fact that Mercury may not be very comfortable to give best of its results, but still banks and share market may show some strength. Direction of the market will be set after 10-12-2018. Keep a close watch on news from Government and agencies/Judiciaries.

Possibly banks, financial institutions, Textiles, wine, spirit, alcohol, aviation, IT, communication, telecom, electrical and electronics, entertainment etc. with Paint, carbon black, rubber and its products, solvents, lubricants and Paper, agriculture produces etc. may be doing better.

Market may hold 10600 and look for crossing 10700.

Indian Currency

Indian Rupee may trade in between 70.50 to 71.50 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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