Nifty Prediction : Muhurt Trading – PSUs and banking | Nifty in rage of 11650 to 11500

Daily Forecast – Share Market – October 27th, 2019

Muhurt Trading – PSUs and banking | Nifty in rage of 11650 to 11500

Venus, Jupiter and Rahu are controlling the day, with support of Mars, Mercury and Moon. Venus is close to change its position soon or I can say that Venus is in its last degrees of Libra sign. I feel that in coming period cabinet will be bit strong or may be going for tough decisions. Mars and Saturn are in special relationship, so public is facing issues, which is important for the government to address. Farmers or government employees are part of public, but majority of common man is involved in private sector or depends on private sector.

I hope this Diwali will set the direction for the industrial boost, so that growth of economy will be fast and be able to achieve Government dream target of 5 trillion economy.

Planets are indicating ups and downs during the trading session. Importance of PSUs with banks and financial institutions will be seen during the session.

Nifty may look for 11650 on the upper side, but in coming period may look to breach 11500 levels of Nifty. Before going long, better to be cautious in Index trading.

Crude may start playing after 04-11-2019. Currency is stable.

Shipping or sea related segments, insurance, financial institutions may be looking better for the year. Agriculture related automobile may be looking good till next Diwali. Rahu is indicating for electronic communication instruments etc.

It will be wise to be watchful for banks (or time to time keep a watch on bank’s news). Time will start from November first week to January 2020 (strictly). Saturn, Jupiter and Rahu will be activating house of banks. Rahu and Saturn are malefic. It will be better to be watchful (any type of banks, that includes cooperative also).

Indian Currency

Indian Rupee may trade in between 70.60 to 71.50 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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