Nifty Prediction : Ups and downs possible | Situation looking for News
Daily Forecast – Share Market – August 9th, 2019
Ups and downs possible | Situation looking for News
Mercury, Jupiter and Venus are controlling the day with support of Saturn and Ketu. Mars combust has moved to Leo sign and Venus is almost close to total combustion. Banks and financial institutions & statements/announcements and IT, communication houses are directly showing “Hulchul”. Foreign cues and impacts are direct or indirect can be seen; like impact of crude and currency can be seen. China and USA are still in a mood to go for a long (planets are indicating that this may continue – at least – till January 2020 or so).
I feel that movements will try to hold previous days pull off and may try to take further. Still market is shaky. Emotions of normal trader are confused. Time to look for opportunity on either side. Coming period will be important for Judiciary decisions, government agencies/organization’s decisions etc. Keep a close watch.
Political partnership or detachment in political parties or new combinations are also possible in coming period.
Action can be seen in Petroleum, gas, entertainment instruments, communication instruments, banks, financial institutions, insurance, leather, Pharmaceuticals, cotton, textiles, ready-made garments and sectors like meteorology etc. can be seen.
Automobile and related segments may be active in coming period. Inclusive of batteries. Issues with automobile tyre industry may be seen. Infrastructure and related segments will be active in coming period.
Nifty may show some decent movements. But still time to trade with precaution.
Ups and downs or downs and ups possible.
Indian Rupee may trade in between 70.00 to 71.00 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