Nifty Prediction : Nifty looking for take-off | Foreign cues not supportive

Daily Forecast – Share Market – July 17th, 2019

Nifty looking for take-off | Foreign cues not supportive

Jupiter, Venus, Saturn with Mercury and Sun are active during the day. Sun has changed its position from Gemini to Cancer sign. Rahu and Venus are in the house of banks and finance. Both can give hopes, but final may not be so attractive. But Indications for some news for aviation related segment in coming period.

Out of five active planets, three are retrograde, so unpredictability in behaviour of few companies, segments can be seen/realized.

Action can be seen in IT, media, communication, banks, financial institutions, Petroleum, Gas, automobile vehicles, automobile tyres, Agriculture, sugar, fertilizer, agriculture related vehicles, Chemicals, Pharma, health care, logistics, transport, and technical segment of communication instruments etc.

It will be better to look forward for better movements. Buy on dip will be decent.

Foreign cues may not be good. Keep a watch on foreign cues, Opportunity at lower levels.

Indian Currency

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.

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