Nifty Prediction : Volatility Possible | Avoid dare, trade with care | Buying at lower level
Daily Forecast – Share Market – May 22nd, 2019
Volatility Possible | Avoid dare, trade with care | Buying at lower level
Venus and Sun are leading the day with support of Rahu, Mercury and Jupiter. Mercury is combust, Jupiter is retrograde with Rahu – which can give sudden changes or ups and downs (anywhere and anytime).
Previous working day was profit booking day on upper levels and based on the previous performances of the companies. Stable government can give positive mood, but performance of the companies is the key to the strength of the stock.
Lord of the share market is still in the shadow and within one-degree distance from Sun, so needs own strength to fight out. But by tomorrow, will be coming out of shadow, not fully but maximum malefic impact will be reduced.
It will be better to hold your guards and look for opportunities at lower levels also at upper levels to come out of bad equities/companies.
Movements in spirit, alcohol and related segments, with automobile, automobile ancillary, FMCG, Glass industry, infrastructure, power, sea related segment, petroleum, IT (on either side), travels and tourism.
This day may show movements, but it will be better to trade with care. Be watchful with unnecessary daring.
Indian Rupee may trade in between 69.30 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.
Categories: Share Market