Nifty Prediction : Nifty in the range of 10600 to 10700 | Trade wisely
Daily Forecast – Share Market – February 19th, 2019
Nifty in the range of 10600 to 10700 | Trade wisely
Venus, Jupiter, Mercury and Ketu are leading the day with support of Mars, Sun. Venus is defeated in Planetary war with Saturn, impact can be seen during the day. Moon will also change its house after 11:02 Hrs (IST). Bank Nifty may start consolidation for the coming period or may show some sign of improvements.
Market is not finding any proper cues to break range of 10750 for Nifty. Foreign cues are not bad, but due to local political and neighbouring issues may be cause of concern. That’s why indications for foreign cues are indicated by planetary positions.
Still, planets are indicating some positive movements, Venus is defeated in war, so bit weak. Otherwise, six out of nine planets are active, which may give some recovery (may be cautious).
Crude is also building pressure. Which is causing pressure on currency. Resulting some pressure on index values. Incoming period say by the March, crude may show some more movements. But after that reversal.
Petroleum, research, financial institutions, insurance, cotton, readymade garments, electrical and electronics, metals, real estate, infrastructure, banks, automobile etc. with bacterial linked segments may be showing some movements.
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