Daily Forecast – Share Market – February 6th, 2019

Nifty may look for 11000 levels | Sudden dip possible at any levels

Ketu is leading the day with support of Sun, Moon, Mars, Rahu, Jupiter, Venus and Mercury. Directly almost all the planets are active. Indicating that movements can be seen in Mid-caps and small caps too. Trade may look for upper levels. I feel that little bit ups and downs possible, but planetary position is giving support. Mars has changed its sign and move to in own house. Global cues may be decent. But due to Rahu sudden ups and downs possible.

Banks and financial institutions, reality, Auto, Dairy Products, leaf-based segments, alcohol, wine, crude, petroleum, entertainment instruments, communication instruments, electronic and electrical segments, with FMCG and many more may be giving movements.

Petro-based products may be looking for some movements. Cotton, ready-made garments, Leather, agriculture related and other vehicles, automobile tyres may be doing bit better.

Keep an eye on entertainment too. May be sports and related segments, educational segments can be bit better. Keep a watch on chemicals related areas.

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.