Nifty Prediction : Global or out of market cues important | Nifty may remain range bound

Daily Forecast – Share Market – February 12th, 2019

Global or out of market cues important | Nifty may remain range bound

Venus is leading whereas Sun, Mars, Jupiter, Mercury, Rahu and Ketu supporting during the day. Indications are that government may try to control the situation, but other reasons due to Rahu and Ketu combination may not allow properly or may give disturbance to the government, which may directly or indirectly influence the government. Anyways, movements in the market can be seen during the day but may be on either side. Previous day – pressure on the market was seen, now market may try to consolidate. Look for opportunities within 2-3 months.

Look for opportunities at lower levels and change your poor performing equities. Market may trade within the range of 10800 to 11150 till next 2-3 months, or unless it gets proper direction after the return of Jupiter.

Banks, financial institution, metals, electrical and electronics with Petroleum and crude may be showing movements in either side.

Rahu and Ketu may play sudden game changer during the day.

Alcohol, wine, breweries, cotton, silk, bacterial linked products manufacturer may be bit better.

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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