Daily Forecast – Share Market – May 13th, 2019

Nifty may remain in the range of 11230 to 11330

Venus with Ketu, Mars, Mercury, Sun and Jupiter – controlling the day. Impact of Political uncertainty, geo-political issues can be seen during the day. Nifty may try to hold its position but pressure due to some or other reasons can be seen. This may cause another day for volatility. Long term investments should be with care.

Pressure on Indian rupee can be seen.

Movements in automobile, automobile tyres, Paints and tiles with cement can be seen. Petroleum segment may show some movements or products based on Petroleum may look bit better in coming days too.

Banks and financial institutions may try to hold their positions and few banks may try to improve their own position. Electronics and electrical segment may try to show some movements, but chances of some confusions can be seen in coming period. Trade with care.

Readymade garments, communication and entertainment instruments may be showing some movements.

Even then trade with care, sudden changes in the movement is possible.

Indian Currency

Indian Rupee may trade in between 69.60 to 70.50 per USD.

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