Nifty Prediction : Market may feel pressure | Trade with care
Daily Forecast – Share Market – September 17th, 2019
Market may feel pressure | Trade with care
Venus and Sun are controlling the day with support of Ketu, Moon, Mercury and Jupiter. Sun is close to change its sign and on 18-09-2019, Saturn will start transiting direct, hence today Saturn is transiting at very slow speed for us. Jupiter has started giving impact on crude oil, although will be moving in Sagittarius in the month of November. For a while prices will go high of crude and after November, further crude prices may go up.
Lord of share market is defeated in Planetary war with Venus lord of Horoscope lagna.
Currency has pressure, automobile will also be losing support from own lord Sun, because will be moving in the next house. Only strength to the market will be of support of share market lord and to banks. This will try to hold bases of share market, but if situation or support from other planets will be withdrawn the situation of this Mercury will be like a government without majority.
Weekly programme from government to hold press conference instead of doing concrete is clearly indicated. I regret to state that planets are indicating that possibly manufacturers have to wait further to get proper policy so – business community and manufacturer circle can go properly. Government should not ignore closure of many small-scale industries since 2016. Same is with medium-scale units. Resulting unemployment. Focus of the government is only on Agriculture, but maximum number of employments were in above mentioned factories/units.
Planets are indicating that any incentive for such entrepreneur will be missing and situation will continue. If market will hold it, then will give some satisfaction for the coming period otherwise better to hold money and invest in somewhere else.
For now, market may feel pressure of crude (global condition), may give impact on INR also. Chances for IT or likewise segment may be bit better. Banks and financial institutions may remain active. Agriculture and textiles may be active in coming period. So, look for opportunity.
Saturn can decide next business period for the nation, in coming days/months. Reason is Saturn is lord of Karma/profession for the horoscope.
Trade with guards. Crude will give direct impact on the Petroleum and related segments and indirect impact on other industries.
Indian Rupee may trade in between 71.60 to 72.40 per USD.
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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
Categories: Share Market