Nifty Prediction : Nifty Possible at 11800 in coming period | Buy at lower levels
Daily Forecast – Share Market – November 25th, 2019
Nifty Possible at 11800 in coming period | Buy at lower levels
Rahu in command with Venus and Ketu, well supported by Saturn and after one and half hour of opening Jupiter will be in active. Indications are that house of banks and finance, sea related issues/segments may remain highly active. This may give waves to the market or one-sided steep movements possible. Jupiter and Venus are involved in planetary war, Venus is defeated in this war. Keep a watch on crude/petroleum also.
Nifty may look for 11800 in coming period so, profit bookings around 11960 or so, will not be surprising. Rahu can give any other ways also. Highly influenced period with Rahu
Crude may also see some rise, which may give pressure on oil marketing companies. Currency is roaming around the same prices. Possibly Profit bookings on upper levels. Or sudden movements possible. Local political issues may remain active along with Judiciary, which may directly or indirectly give impact on the market.
Banks may also show volatility or activities during the day. Few banks may show sudden movements. Keep a watch on Bank Nifty also. Which may give impact on Nifty. After opening the market wait for the first one and half hour, then let the market give proper direction.
Petroleum based products may have some pressure – including paints, automobile tyres etc. Activities can be seen in insurance, financial institutions (either side). Cotton, batteries, infrastructure, automobile and related areas. Betterment can be possible in FMCG, Fast foods, and silk with communication and entertainment instruments, breweries and sudden touch during the day.
Trade wisely. Buy at lower levels. Opportunities possible.
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