Nifty Prediction : Nifty may trade in 11500 – 11625 | Opportunities at lower levels possible
Daily Forecast – Share Market – July 15th, 2019
Nifty may trade in 11500 – 11625 | Opportunities at lower levels possible
Jupiter with Saturn and Venus controls the day, well supported by Ketu and Mercury. Three retrograde planets are playing important role during the period. That is the reason – market is not getting any proper direction. Secondly, Lunar eclipse is on tomorrow night (IST). Impacts are visible on the market. Banks and financial institutions, with crude, petroleum, and related areas may be showing impacts.
Action can be seen in the areas of IT, communication, crude, petroleum, cotton, ready-made garments, fashion industry, communication and entertainment instruments, issues with PSU banks or other banks (Lunar eclipse ahead – in the house of banks and financial institutions), paints and chemical, sugar, leather and Jewellery related segments etc.
I will suggest planning for two days and next planning from 17-07-2019. Opportunities may be available at economical or decent rates possible.
Nifty may try to hold 11500 and look for 11625. Advantage from IT companies may give advantage to Nifty. Banks bit careful. Wait for stability in banks.
Indian Rupee may trade in between 68.10 to 68.90 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