Nifty Prediction : Nifty may look for 11700 | Range bound Possible | Buying at lower levels

Daily Forecast – Share Market – April 15th, 2019

Nifty may look for 11700 | Range bound Possible | Buying at lower levels

Ketu and Jupiter are leading the day, with support of Mon, Sun, Saturn and Venus. Jupiter is retrograde, close to reverting to previous house and sign. This week is short for the trading purpose; hence it will be better to keep this point in mind too. Pressure on opening will not be surprising. But range bound trade is possible. Buying at lower levels possible. Nifty may look for 11700-point levels or so.

Banks, financial institutions, Textiles, leather, Pharmaceuticals, IT, communication, entertainment, instruments of communication and entertainments may be doing better. Petroleum, metals, automobile and related segments, automobile related agriculture manufacturing segments may be showing movements.

Cotton, ready-made garments, silk, pesticides and related segments, biotechnology based segments, with gems and related areas may be showing movements.

Keep a watch on Mid-caps and small caps.

Indian Currency

Indian Rupee may trade in between 68.60 to 69.50 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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