Daily Forecast – Share Market – May 20th, 2019

Nifty may show rise | Sentiment may be Positive

Venus, Sun and Mercury are leading the day with support of Rahu, Ketu and Jupiter. Mercury is heading for total combustion, whereas Jupiter is retrograde. I agree with the exit poll results – which may influence traders. But totalcombustion of Mercury and combination of Rahu and Ketu are not giving me satisfaction. This may influence volume or some or other way influencing the trade or may be due to geo-political situation may hurt sentiment for few days.

Banks may be bit cautious, but after 01-06-2019, we may see movements in banks and financial institutions along with share market too.

Vehicles, automobile, infrastructure and related segments may be showing movements, with Breweries, wine, spirit, alcohol, petroleum and crude may be influenced. Currency and geo-political situation is important for a while.

Local political situation gives some base but with cautious mark before 23-05-2019.

Rahu may give sudden movements or high or low movements a peak like or wave like movement. Venus is indicating that government is showing strength for the day. Movements in good equities and may give high rise to Nifty.

Trade wisely. Enjoy ride of Nifty.

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.