Nifty Prediction : Nifty may Look for 10900 | Profit Booking upper levels

Daily Forecast – Share Market – January 10th, 2019

Nifty may Look for 10900 | Profit Booking upper levels

Venus in lead with Saturn and well supported by Sun, Mercury, Jupiter and Rahu. Banks and other issues are supporting. Foreign cues may also remain positive. Only concern for crude and currency can be seen during the day.

Market may look for 10900 (Nifty levels) or may show some gap-up opening too. Profit booking on upper levels not surprising. Rahu and other planets related to waves may try to give wave on ups and downs. I will be positive for the trade.

Petroleum and related segment may again feel some negative, due to crude. Government may not try to pass on burden of crude to consumer due to political reasons.

Infrastructure, building material like cement, paint and others with vehicles, automobile segments, agriculture related vehicles, and segments, others like battery, textiles, synthetic, synthetic products, rubber, carbon black, shipping and sea related segments may also be showing their movements.

Sports related and education related segments may be doing better.

Indian Currency

Indian Rupee may trade in between 70.00 to 71.00 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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