Nifty Prediction : Nifty may trade with care | Volatility possible within range
Daily Forecast – Share Market – July 10th, 2019
Nifty may trade with care | Volatility possible within range
Jupiter, Saturn and Venus are controlling the day with support of Mars, Rahu and Mercury. Three retrograde planets are indicating again unpredictability of behaviour of market or the day. Mars and Mercury are still in planetary war, but Mercury is winner. Hence, indications are that market may look for some recovery from lower levels. Still, on 16-07-2019 night, Lunar eclipse will be playing its role for the coming period.
I feel that market may show movements or some recovery from lower levels. It will be better to be watchful from few banks and financial institutions. “Why only few banks are showing heavy NPAs or persons took money from them and ran away or trying to run away?” Indicating some heavy flaw in their system. That’s what Rahu in the house of banks and financial services indicates.
Movements can be seen in Agriculture, Leather, Paper, fertilizer, sugar, pulses, crude, petroleum, petroleum-based products etc. Impact of foreign cues may be seen, but due to local issues foreign issues may be affected.
IT, communication, logistics and entertainment need some watchful moves.
Liquor, spirit and related segments may be showing some recovery from lower levels. Banks may also try to show some recovery from lower levels, but it will be better to be watchful from few banks and financial institutions. Insurance, research and related areas may show some movements in coming period.
Automobile may have to wait for some time. Electrical and electronics may be doing better.
Aviation and related segments may need to be watchful. Rahu can give further news from diplomats or any other source or unknown source/reasons. Trade with care.
Indian Rupee may trade in between 68.20 to 69.00 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