Nifty Prediction : Global cues may influence | Mood seems better | Waves not surprising

Daily Forecast – Share Market – June 19th, 2019

Global cues may influence | Mood seems better | Waves not surprising

Jupiter and Venus are controlling the day with support of Moon, Mars, Mercury and Sun. Currency is holding its own position and crude will further be under control. Resulting advantage to oil marketing companies and petroleum-based products.

Mercury is defeated in planetary war with Mars. Seven planets are confined to sea linked products and banks, financial institutions and foreign issues/FIIs or IT, logistics, communication, aviation etc. apart from oil.

This indicates that main action can be seen is these areas, along with electrical and electronics, automobile, automobile tyres, paint, cement and infrastructure linked segments.

Foreign cues will be important for the trade or during the day. It will be better to keep a watch on the Global trade war, and movements of FIIs. Otherwise market may show some improvements. But waves or ups and downs will not be surprising.

Otherwise action can be seen in many segments. Trade with proper stop-loss, in either of the condition.

Possibility of buying at lower levels and selling on upper levels. This may give some chances to come out of bad scripts.

Nifty may be in the range of 11800 to 11625. Trade with care.

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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