Nifty Prediction : Buy at lower Levels & sell at upper levels | Nifty Range 11750 to 11900

Daily Forecast – Share Market – June 17th, 2019

Buy at lower Levels & sell at upper levels | Nifty Range 11750 to 11900

Jupiter, Venus and Mercury are controlling the day with support of Mars, Ketu and Moon. Four planets are active in the house of banks, finance and states etc. Mercury and Mars are involved in planetary war, Mars is defeated. Indications are that action in banks and financial institutions can be seen along with Crude, Petroleum + sea based/related segments.

Indications are that Nifty may breach 11800 levels and range of trade may be 11750 to 11950

Foreign cues will be influencing the market or may be Foreign investment, it will be better to keep a close watch on the same area, along with news from Judiciary, government agencies etc.

IT, communication, logistics, transport, FMCG, Fashion industry, leaf-based segments, coffee and dairy products may see some movements. Chances of movements in Infrastructure, automobile, sugar, and health care can be seen.

Movements can be seen on either side. So, trade with proper stop-loss on either side.

Possibility of movement in cotton, ready-made garments, entertainment and communication instruments can be seen during the day.

Keep a close watch on the issues related to banks and foreign related issues (involvement of banks and financial institutions). Indications related to government may be better.

Indian Currency

Indian Rupee may trade in between 69.20 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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