Nifty Prediction : Look opportunities at lower levels | Nifty may try to move up
Daily Forecast – Share Market – January 28th, 2019
Look opportunities at lower levels | Nifty may try to move up
Mercury (combust) and Moon are leading the day with support of Sun, Jupiter, Venus and Rahu. Lord of the share market and banks is not in a position to deliver the best. Rahu is related to the most active planets directly, hence can give volatility. Whereas other planets may try to take some benefits from the lower levels. So, advantage from the lower levels is possible, but not as much as it should have been possible.
Nifty may show movements, because of interim budget on Feb. 1st. Since, it’s an interim budget before election, so possibly not much impact can be seen. Planetary position wise – Lord of the market and banks is weak, unable to give best of the support to the market. This may give impact by any means (volume wise, movement wise or ups and down wise or any other ways).
Movements can be seen in IT, communication, liquor, alcohol, vehicles, automobile Petroleum, Research and related segments, energy segment, leaf and related areas, logistics, entertainment and related instruments, medicine and many more segments may be showing movements. Banks and financial segments may be showing movements but not as much as they should have or not at the best.
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.
Categories: Share Market