Nifty Prediction : Global cues important | Market may try to hold base

Daily Forecast – Share Market – September 13th, 2019

Global cues important | Market may try to hold base

Important is that We cannot rely on “Dusaron ke ghar ke jalate chirago ki roshani per”, we need to have strong our economic system, not to be based on foreign cues, like it was earlier.

Venus, Sun are controlling the day with support of Rahu, Mercury and Jupiter. Saturn – slowing down its speed, because will start transit in next week. Mars is trying to come out of total combustion stage, so that can-do bit better to support or give impact on the market/business. Strong Venus may give strength to the currency. INR may look for better position. Suddenness (either side movement)/Volatility possible.

Rahu is always bit doubtful for me. It can give volatility or suddenness in rise or fall. I hope Mercury will try to protect its own house of share market from the volatility or suddenness. It will be better to keep a close watch of foreign issues, because government is still unable to believe the fact of unemployment. This unemployment can be big cause of fall in consumption and again burden on banks for defaulters for home loans and personal loans/car loans etc. Government is focusing on different issues. But earning of public/common man is important. Lord is strong but in the sign of Neech, effecting public directly or indirectly.

Market may show buying from lower levels and may try to hold bases of the Nifty and strong equities.

For long term investments, it will be better to let the market settle down, because Saturn is not moving in normal way, so karmas may also be bit slow or indecisive. It will be better to Protect money rather than go for rash trading (normal traders). Giants know how to manage the show. They can make money from waves also.

Movements in banks, financial institutions, insurance, automobile, ancillary, cements, fertilizers, agriculture related, infrastructure, petroleum etc. may be showing movements.

Alcohol, spirit or likewise segments may be moving fast.

Trade for suddenness (Chances). Keep a close watch Global cues, which may give positivity to the day. Still, Neech Venus indicates that proper solutions from government/council of ministers is …., because, We cannot rely on “Dusaron ke ghar ke jalate chirago ki roshani per” (I mean foreign cues).

Indian Currency

Indian Rupee may trade in between 70.50 to 71.40 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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