Nifty Prediction : Keep a watch on Bank(s)  | Nifty looks Positive | Volatility Possible

Daily Forecast – Share Market – June 11th, 2019

Keep a watch on Bank(s)  | Nifty looks Positive | Volatility Possible

Venus, Jupiter (retrograde), Sun will be leading the day with support of Mars, Moon, Mercury and Rahu. Mars and Rahu are involved in planetary war, in the house of banks and finance, states etc. Indications are issues related states/banks may be on the higher side in next 2-3 days. Harsh steps will not be surprising.

Positive indications are seen, but Rahu can give ups and downs. It will be better to trade with care. Only good equities will be better for long term.

Crude oil prices (globally) are now on reversal side, slowly and gradually. Interestingly, when in 2014 Mr. Modi was elected as PM, prices of oil were reducing, and Temperature of Delhi was touching 48 d C. Now again in 2019 same is repeated. Prices of Crude is reducing, and Temperature of in Delhi has touched 48 d C.

Planets are indicating that move that market mood is positive, but company wise it is bit doubtful, hence less traders and movement is seen.

Sugar, Petroleum, IT, communication, logistics, automobile tyres, automobile, infrastructure, power, coal or mining related products, insurance, fertilizer health care, dairy products, fast food, electrical and electronics, spirit and alcohol etc. may be showing their movements.

Banks and financial institutions, Keep a close watch on individual organizations, issues in next 2-3 days may be reflected (few organization linked with banks and financial institutions – chances).

Trade with care. Positive for Nifty but Rahu can give sudden changes.

Indian Currency

Indian Rupee may trade in between 69.10 to 69.90 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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