Daily Forecast – Share Market – November 14th, 2019

Volatility Possible | Avail Opportunities | Nifty range within 11800-11950

Jupiter and Venus are leading the day with support of Rahu, Ketu, Moon, Mars and Mercury retrograde. If Rahu and Ketu are active, normally this gives volatility – ups and downs type of chances. Indications in defense related industrial area, pressure on currency/power can be seen during the day.

It will be better to look for opportunities in banks (coming period). Certain financial institutions may give some trouble to the investors etc. So, it will be better to please take all precautions before going for financial institutions.

Nifty is may try to hold levels and give chances at lower levels. It will be better to look for opportunities. Pressure of currency and crude is maintaining support from its lord. It will be giving some pressure on oil marketing companies. Indicators of fall in economy can be reflected by the sales figure of Power manufacturing/supply companies.

Basic issue is fall of economy/slowdown. Only giant companies cannot give or boost economy, market needs SMEs and small-scale/cottage industrial growth also. Only then street vendors will also be able to have good market and returns. Otherwise “Empty pockets” can’t give movements in the market.

Normally, after such type of floods gives vast infrastructure related work, but still market is waiting such opportunity for the infrastructure. Indicating better for infrastructure in coming period.

Over all planets are indicating some better than previous day. Weekly expiry means – possibly 11900 or around of Nifty.

Still opportunities at lower levels possible.

I will be positive for banks, but with caution for some banks – because of their coming up issues or some other reasons. So, better to be watchful for few banks. Before going for long, confirm every point. It will be better to buy bit costly than go for dubious equity.

Traders can have advantage on either side.

Mid-caps, small caps and large caps can be seen active. Seven planets are directly active, and others are indirectly. I will look forward for Defence sector, insurance, shipping, crude, sea related areas, cotton, Jute, silk, breweries, alcohol, sugar – and related products from agro-produces.

Keep a watch on communication, travels, transport, entertainment and IT, with foreign cues, related exports, leaf based segments, chemicals and pesticides etc.

Traders can enjoy. Investors – look for opportunities.

Indian Currency

Indian Rupee may trade in between 71.50 to 72.50 per USD.

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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.