Nifty Prediction : Nifty may look for 11315 | Mixed movements possible

Daily Forecast – Share Market – July 29th, 2019

Nifty may look for 11315 | Mixed movements possible

Venus, Jupiter (retrograde), Saturn (retrograde) and Mercury (retrograde) with Mars are mainly active during the day. Mercury is slowing down its speed and is heading to move back in Gemini sign on tomorrow for 4-5 days only. Moon is with Rahu in the house of banks and exchanging aspect with Saturn. Issues with banks may further give surprise. It will be better to be watchful before investing in banks for a while.

Planetary position is indicating mixed trading day. Volume of the business may be bit less, or movement pace may be bit less.

Petroleum may be showing some movements with insurance, research, defence and related segments. It will be better to keep a watch on the actions related to the bordering areas. Leather, textiles, sugar and related products may show some movements. Movements in banks, financial institutions, Gold and related areas can be seen (mixed).

Paper, electrical and electronics, engineering, casting and related areas may remain active. It will be better to trade with care.

Nifty may look for 11300 but mixed Moves not surprising.

Indian Currency

Indian Rupee may trade in between 68.30 to 69.10 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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