Nifty Prediction : Nifty may look for 11100 | Pressure on upper levels not surprising

Daily Forecast – Share Market – August 27th, 2019

Nifty may look for 11100 | Pressure on upper levels not surprising

Ketu with Jupiter and Venus are controlling the day, Mercury is supporting. Lord of foreign lands is heading for total combustion, hence foreign investors or other reasons from foreign lands/cues may not influence our market strongly. Although lord of lagna of Pakistan is heading for total combustion, so response from their side may not be proper.

Impact from local cues will be important, hence movements in the local market can be seen, because of the local government and other reasons.

Action can be seen in automobile, automobile related segments, banks and financial institutions, pesticides, entertainment instruments, communication instruments, FMCG, Perfumes, Jewellery, Gems and related segments.

Crude and related segments may be in favour of the day. Only point of concern is currency. Which may not be in comfortable zone.

It will be better to look forward for a while. Nifty may look for 11000 to 111000 levels. Trade with guards on both sides. Because pressure on upper levels may not be surprising for forming base.

Indian Currency

Indian Rupee may trade in between 71.60 to 72.40 per USD.

Please like my Facebook page @ https://www.facebook.com/AnoopAstroSutra.

** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.

Advertisements

Type your question.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s