Nifty Prediction : Nifty may enjoy Waves | Range 11900 to 12050
Daily Forecast – Share Market – November 22nd, 2019
Nifty may enjoy Waves | Range 11900 to 12050
Rahu, Venus and Ketu are controlling the day with Saturn and Sun. Four planets are together and giving movements in banking, financial, sea related areas, insurance etc. Indicating that Sea like waves or movements will not be surprising. Market may show opportunities at lower levels, also Profit bookings on upper levels. That may give chances on both sides.
Infrastructure, automobile and ancillary may show some movements. Avail opportunities at lower levels and book profit on upper levels in indexes.
Nifty may again move within range, Mercury is still slow, but direct, Rahu and Ketu are strong. These Rahu and Ketu can give anytime volatility. Spike on the upper side is possible at the same time sudden slip for lower side. Trade for index and enjoy with wave of the day (buy on dip and sell on high). Nifty may give 100 points or so of movements on either side or both sides.
Segment wise – leather, sugar, pharmaceuticals, healthcare, pathology labs, insurance, shipping, infrastructure, automobile, automobile ancillary, gems and related areas, Jewellery, wine, spirit, alcohol, cotton, silk and pesticides etc. may remain active. IT, communication, oil drilling, carbon black, cement, tiles, paper and likewise segments may show advantages.
Look for Opportunities at lower levels and book Profit on upper levels.
Indian Rupee may trade in between 71.00 to 72.00 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