Nifty Prediction : Watch Global cues | Nifty may trade 11900 to 11750
Daily Forecast – Share Market – June 21st, 2019
Watch Global cues | Nifty may trade 11900 to 11750
Jupiter, Venus, Moon are leading the day, well supported by Mars, and Mercury. Mercury has changed its sign and house, forming decent yog with Moon. But Sun, Rahu are forming sam-saptam yog with Saturn/Ketu (normally this yog gives war or may create situations like that). This sign is indicating for trouble in Geo-political situation. War like situation, involving some giant nation in coming period (till mid of July 2019).
I agree that market may be having positive mood than the previous period. But it will be better to trade with care for the coming period.
Geo-political situation crucial.
Action can be seen in banks, financial institutions, IT, communication, logistics, foreign linked areas, leaf based segments, Rubber liked products, petroleum, engineering, electrical and electronics, FIIs impact due to INR Vs USD or better to say currency, Petroleum based products and sea linked segments etc.
It will be better to be watchful for segments like Jewellery, gold, fashion industry, watch for FMCG and health care/Pharmaceuticals etc.
Foreign cues will be important along with local positive mood.
Indian Rupee may trade in between 69.10 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