Nifty Prediction : Mixed day Possible | Nifty in range of 10975 to 11125

Daily Forecast – Share Market – August 20th, 2019

Mixed day Possible | Nifty in range of 10975 to 11125

Mercury, Ketu and Venus are leading with support of Jupiter. Venus is still total combust, but trying to come out of such combustion, whereas Mars is combust. India’s issues internal and external may be important. Natural calamities will be key. Mars and Sun are transiting together. Foreign cues may not be much influencing local market. Issues related to our own slow-down will be important in coming period. Government or their agencies have to respond on such issues.

Infrastructure, power, automobile and banking may be key factors in coming period. Export may be influenced due to some or other reason for a while but may show movements in coming period.

Crude in coming months may show upward movements, because in November Jupiter will be changing its sign and house. States related activities may be strong from November to January 2020.

Currency may face some pressure. Geo-political situation is mixed at the same time trade in Hongkong is not strong, China may show mixed results. Our market may also show some mixed results.

Range of 10975 of Nifty to 11125 is possible. Movements in Banks, financial institutions, Petroleum, Infrastructure, automobile, pesticides and chemicals with Cotton, communication and entertainment instruments etc.

Market is waiting for indications from Government or its agencies etc.

Indian Currency

Indian Rupee may trade in between 71.00 to 72.00 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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