Nifty Prediction : Nifty may look for 10900 | Global news may be important

Daily Forecast – Share Market – September 5th, 2019

Nifty may look for 10900 | Global news may be important

Venus is holding key and supported by Saturn, Mercury (total combust but trying to come out of total combustion) and Jupiter. Government, cabinet or counsel of ministers is holding the key for the day. Currency may show some improvements, whereas crude may be bit soaring (due to geo-political situation). Which may activate petroleum products accordingly.

Currency may show some improvement, but slowdown in the consumption and retrenchment/slowdown in productions in various sector may be cause of concern. Defence related segments may be looking for some movements along with automobile in coming week/period.

Sugar, leather, agriculture, Petroleum, IT, communication, media, logistics, insurance, gems, Gold may show rise, Hotel and tourism etc. may be showing activities.

Four planets are activating house of infrastructure, power, automobile and cement etc., indicating that news may be negative or positive will keep alive this area on either side. We can say, “Four planets are involved in Dhamachaukadi”. Out of these four planets two are total combust. Hence, unable to give best of their results.

I feel that market may try to continue with the previous day’s emotions. Planetary positions are indicating that before going for long, it will be better to wait for a while. Still, cues are fine. Keep a watch on Global news, which may change the emotions of the market.

Indian Currency

Indian Rupee may trade in between 71.40 to 72.30 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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