Nifty Prediction : Nifty may look for 11085 | Trade with in second half

Daily Forecast – Share Market – September 12th, 2019

Nifty may look for 11085 | Trade with in second half

Venus with Sun is controlling the day and well supported by Mars, Jupiter and Mercury. Sun is enjoying in own sign and house, that’s why giving support to automobile, infrastructure, cement, ancillary of automobile, similarly, strength of lagna lord of India’s horoscope is with strength, enjoying neech bhang yog. But involved in Planetary war with Mercury, which is indicating that Mercury is enjoying better position in war and benefit of own house of share market.

I again believe that lord of the house will support share market. Advantage will be for banking and financial institutes also.

Petroleum, gold, ornaments, foreign issues (may give some impact), electrical and electronics, agriculture and related segments may also show some movements. Issues related to automobile may be giving impact on government, but I don’t feel any support from government will come, because they are bit strong, although actions related to business may be pressurising government, for solving the issues, ministers related to the department or finance must look in depth of the seriousness of slow-down. Concrete planning and executions may help fast recovery.

For example, Foreign lands lord is in the shadow of ruler of the land. Which is not supporting them to give proper funding in the market. FIIs have already withdrawn majority of funds. They are always looking for GDP growth and other economic issues.

I feel Nifty may look for 11085 levels or so. Coming day may show some volatility. Selling on upper levels will not be surprising.

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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