Nifty Prediction : Pressure on upper levels possible | Range bound trade

Daily Forecast – Share Market – March 5th, 2019

Pressure on upper levels possible | Range bound trade

Sun, Jupiter and Venus are controlling the day with support of Saturn, Mars and Mercury. Change in the movements of Mercury will be in the later evening, so, Mercury will be transiting with the slowest of speed. Which may give impact on the market for the movement wise. I feel that mood of the market may remain undecided or neutral. But pressure on upper levels can be seen during the day or opening of the day.

It will be better to note down the closing values of Nifty, because before end of the month we may get same values. From tomorrow, possibility of reversal moves of today’s move can be seen.

Segment wise many segments are active. Petroleum, insurance, agriculture or related segments, fertilizer, sugar, textiles, infrastructure, power, metal, engineering, electrical and electronics, banks, sports, education and chillies.

Sea related segments, research related and sudden change in the later part of the evening can be seen. Around closing sudden changes are possible.

Indian Currency

Indian Rupee may trade in between 70.40 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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