Nifty Prediction : Market may trade within Range | Opening – close to previous closing
Daily Forecast – Share Market – November 19th, 2019
Nifty may trade within Range | Opening – close to previous closing
Mercury, Venus and Rahu are leading the day with support of Ketu, Mars and Jupiter. Share market lord Mercury is slowing down speed for us, because will be changing its transit direction from tomorrow mid-night. Which may give impact in the coming period. I believe that banks and Nifty levels may be slow in movements on either side. This both side movements are because of Ketu and Rahu in action. Other planets are driving positively. That is the reasons – market is holding its levels.
Political development is also possible for deadlock positions.
Foreign cues will be playing some role. Local issues are neither exciting nor depressing. Even though business sector is not healthy as on date, which is giving direct impact on the market. Jupiter in Sagittarius has given drops or bubble burst in the market like 2008. Rahu and Ketu in Sagittarius and Gemini axis – we can remember Harshad Mehta in 1992. Jupiter was giving aspect on Rahu and Saturn was in Capricorn. Now Saturn is heading for Capricorn in end of January 2020.
According to current market position with support of Planets -market may move within range, not much movement is expected, because lord of share market is transiting on the edge of curve for us, so speed is slow.
Movements can be seen in auto, banks, insurance and financial institutions or may give opportunities. Automobile ancillary, tyres, engineering, gas, chemicals, cotton, silk, entertainment instruments, communication instruments and IT, transport with e-commerce etc.
Petroleum may be showing movements with pesticides, breweries, alcohol or related products. Agro-based products may also show some movements.
Indian Rupee may trade in between 71.30 to 72.30 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