Nifty Prediction : Volatile market | Trade with care | Avoid long term

Daily Forecast – Share Market – May 8th, 2019

Volatile market | Trade with care | Avoid long term

Venus, Mars and Mercury are controlling the day with support of Jupiter and Ketu. Foreign cues and Geo-Political cues will be playing important role during the day. Mars, Rahu with Moon are indicating some confusing or pressure on financial and banking segments. It will be better to trade with care.

Don’t look for long term investment. If required, then sell equities and buy at lower levels. I feel its not a time to average your equities also.

Keep a watch on transport, trade with care, with IT, communication and entertainment. Nifty may have volatility.

Trade wisely in infrastructure, power and automobile segment. Not a time to take risk in this segment.

INR may face some pressure. Crude and foreign cues for crude may be cause of concern.

It’s not a day to write much. Ups and down will not be surprising for me.

Indian Currency

Indian Rupee may trade in between 69.00 to 70.00 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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