Nifty Prediction : Gap-up Opening not surprising | Look for Opportunities either side

Daily Forecast – Share Market – March 18th, 2019

Gap-up Opening not surprising | Look for Opportunities either side

Jupiter, Sun and Mercury are leading during the day with support of Venus and Mars.  I agree that the lord of banks and share market is falling, unable to support, but other planets are going strong and supporting the trade. Foreign cues are also important. Currency is supporting too. Foreign cues/investments in the market are important.

Automobile, tyres paints, metal, infrastructure, power, Banks, financial institutions, insurance segments, Petroleum, research Jewellery and related segments may be showing movements. Cues from foreign lands or out of business – like political or Judiciary related issues may give some impact on the market in coming period.

I feel that possibility to look for 11500 can be seen. Gap-up opening is possible.

Market has already shown great run-up in the month (after 05-03-2019). I feel that closing of the month may see booking of profit. Look for opportunities on either side.

Tractors, and related segments may show some interesting.

Indian Currency

Indian Rupee may trade in between 68.60 to 69.40 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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