Nifty Prediction : Nifty may Look for 10950 | Volatility Possible.

Daily Forecast – Share Market – January 21st, 2019

Nifty may Look for 10950 | Volatility Possible.

Sun and Mercury are controlling the day with support of Venus, Jupiter and Saturn. Mercury has moved in Capricorn sign and is weak also. Impact of Lunar eclipse will be importantly in foreign trades and indirect impacts can be seen in local market too.

Market may show some positive moves, budget is also ahead. Impact on IT, communication, logistics, entertainment can be seen with Judiciary, Banks, financial institution, vehicles, automobile and infrastructure. It will be better to use waves and enjoy accordingly. Nifty may like to touch 10950 or so. Volatility is possible – trade with waves.

Crude and petroleum may show some waves.

I will look for good equities at lower levels or better prices for long run. It will also be better to keep a proper check on Political Uthal-Puthal during the week. Which may give indications for the coming trend.

I believe with positive intentions market may show waves like transaction during the day.

But trade with stop-Loss and ride with the waves, till evening. Currency is also losing its grip. Government may try to give Populist budget, which may give some negative sentiment.

Indian Currency

Indian Rupee may trade in between 70.60 to 71.60 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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