Nifty Prediction : Buying at lower levels possible | Wait for long investments

Daily Forecast – Share Market – September 20th, 2019

Buying at lower levels possible | Wait for long investments

Moon, Sun and Venus are key holders of the day with Mercury and Jupiter. Lord of share market is trying to protect own house with total exaltation in its exaltation. I believe that on date recovery from lower levels can be seen. Crude is showing some downside, but war mongers are still creating some issues. This has deviated or bit diluted issues between US-China issue. But issues with China may further continue till the end of this year.

China’s horoscope is indicating some issues related to their banks or finances or economy may continue till the end of the year. After this period their other issues may develop.

Government must focus on internal financial issues also employment is key to the development of industrial sectors. Issues of many SMEs developed after December 2016 or we can say that their internal issues were exposed, which had resulted for downfall of such SMEs or small scale industries. Indications are that there was/is some structural issue, which has to be addressed. If government will be focused, then coming planetary period will be supporting.

Banks may show further some issues from November to January 2020 (Chances). If any development (negative) will be highlighted, then it will not be surprising me. PSUs or Private both.

Movements in many segments can be seen. Movements can be seen in banks and financial institutions, insurance, infrastructure, power, Paper, agriculture produces etc.

Petroleum and crude will be key. State governments are imposing charges or increasing power rates – because of their local reasons, which may further put pressure on industrial and business segments. Resulting pressure. It will be better that efficiency of government (state) must be reevaluate.

Indian Currency

Indian Rupee may trade in between 71.20 to 72.10 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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