Daily Forecast – Share Market – November 20th, 2019

Buy on Dip | Coming time Nifty 12000+ Possible | Volatility Possible

Ketu, Rahu and Venus are holding the key for the day and well supported by Mars, Saturn and Mercury (at the slowest speed), because Mercury will start transiting direct from the mid-night. Mainly malefic planets are holding key directly. Venus is giving strength to the rulers and trying to indicate that some political settlement is also possible on date.

INR is under pressure; Crude may show some control after 8-10 days run. US-China deal is bit complicated, because dream of China will be big, they may plan to lead global power in coming years or so.

Regarding our market – situation is neutral. Planets are indicating that no big positive news has come, market may be waiting for the same. Planets are also indicating that market is consolidating its base and looking for finalizing direction. Which may be clear from 21-11-2019.

Ketu and Rahu are with the same power, may give volatility. Capitalize such waves. Venus is giving strength to government and leaders, also to nation, so chances are positive. Saturn is gearing up for the changes after 2 months and move with speed. Shipping and related region may see some movements.

Textiles, sugar, leather, Pharmaceuticals, healthcare, Jute and related segments, cotton, silk, edible oils, lubricants, gas and sea related segments may remain active.

Banks may also give some opportunity for the coming period.

Buy on dip, will be suitable. Futures traders – chances for little long. Nifty may again look to cross 12000 in coming period (this is based on planetary position – better to check with technical and other ways also).

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.