Daily Forecast – Share Market – March 12th, 2019

Nifty may look for (+) 50 points | Be watchful at upper levels

Jupiter, Venus and Sun are controlling the day with support of Moon and Mercury. Mercury is retrograde, close to total combustion but protecting or supporting own house of share market, as mentioned in earlier post, because is in Neech sign.

Indications are that market may show some upper levels movements. Currency is improving its position. Only point of consideration is crude oil.

Vehicles, automobile batteries, tyres, infrastructure, building materials, IT, logistics, entertainment, communication instruments, hotels and tourism etc. Banks and financial institutions, research related segments, Jewels, jewellery, leaf based segments, dairy products, and possibility of sea related segments may be showing movements.

Mid-caps may be showing movements.

It will be better to keep a strict stop-loss, because on 15-03-2019, lord of the share market will start falling. I will not be surprised if Nifty may touch levels of 10987 before 28-03-2019.

Indian Currency

Indian Rupee may trade in between 69.40 to 70.30 per USD.

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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.