Nifty Prediction : Market may look to consolidate | Try to look for Upper levels

Daily Forecast – Share Market – February 15th, 2018

Market may look to consolidate | Try to look for Upper levels

Mars and Venus are holding the day with support of Sun, Jupiter, Mercury, Rahu and Ketu. It seems that market may try to look for buying at lower levels, but geo-trade conditions and Political conditions may give a mood of “Wait and watch” for a while. Otherwise combination of Rahu and Ketu can give sudden changes on either side, volatility during the current period. Movements in many segments can be seen during the day.

Previous session too, movements was seen in many segments, but few leading stocks with heavy points to Nifty were not comfortable. Mid-caps may be better. Banks, financial institutions, automobile and automobile tyres, cement, infrastructure, reality, electrical and electronics, alcohol and related segments may be better.

IT may give some opportunity at lower levels, with entertainment and logistics also. Crude and Petroleum may show some movements. Insurance and research related segments may be doing bit better.

Trade with strict stop loss. Enjoy the waves during the day.

Indian Currency

Indian Rupee may trade in between 70.50 to 71.40 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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