Nifty Prediction : Planets seems for Positive Vibes | Planetary Position changing | Keep a watch
Daily Forecast – Share Market – November 4th, 2019
Planets seems for Positive Vibes | Planetary Position changing | Keep a watch
Venus Rahu are controlling the day with support of Moon, Mars, Mercury (retrograde), Jupiter and Saturn. Jupiter is close to change its sign and house. Will be moving in own house and sign Sagittarius. This will be with Saturn and Ketu. Two very important planets will be giving aspect on the house of banks and finance, where Rahu is transiting. It will be interesting to watch banking, financial institutions and insurance segments.
Crude will be well protected by Jupiter, at the same time segments related to Ocean/sea, Pearl, research, vigilance related segments/activities will be important.
Issues related health of common man in major part of the nation will be highlight of the week. This month will be having political activities, which may directly or indirectly influence the trade. We may see upper levels in the trade. Currency will be holding bases.
Engineering, electrical and electronics, textiles, shipping, shipyard, banks and financial institutions, foreign trade, communication, entertainment, IT, logistics, petroleum products etc. will be showing their movements. Products related with consumption story may not be enjoying much fun. Reason is well known that employment issues are creating trouble. Offers for VRS in giant industries like automobile (at the age of mid-thirties or late thirties). Such issues may develop further crises in repayment of home loans and other banking issues from a layman (common man), who is not concern of the government as on date.
This may give impact in coming period, Saturn and Jupiter will be in conjunction with Ketu, and hidden issues may come out to influence economy, financial activities etc. because they are directly influencing banks and financial activities.
Agriculture produces may remain active like sugar etc. Keep a watch on Breweries/alcohol etc. Leaf based products may remain active. Keep a strict watch on automobile, possibility of some profit booking or pressure.
Nifty looking positive. Planetary position is close to change etc. so changes in movements not surprising if any.
Indian Rupee may trade in between 70.30 to 71.30 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