Nifty Prediction : Nifty may move +/-75 points | Intraday traders Capitalize

Daily Forecast – Share Market – December 19th, 2019

Nifty may move +/-75 points | Intraday traders Capitalize

Sun, Venus and Ketu are leading during the day with support of Jupiter, Mercury and Rahu. Active Rahu and Ketu are indicating for some Geo-political issues may remain important in coming period. It will be better to keep a close watch, before going for long. Before eclipse market has shown movements, it will be better to take precautions in the last week of the year and month. Planetary position is indicating again movements for upper side but tiredness in the run will not be surprising. Even on certain areas profit bookings are also possible.

Nifty is looking positive, but caution is important, because of some tiredness (possible). This may give opportunities to intraday traders for buying at lower levels. Variation during the can be for 75 points of Nifty on both sides. So, intraday traders can avail advantage accordingly.

Crude is rising, slowly and gradually, this may continue till March or so, and also when Jupiter will be combust – during that period rise may have some check. Time is close. Secondly, impact of solar eclipse will be interesting – because this will be in the area of crude oil.

Activities in automobile (vehicles may feel some pressure), automobile tyres, Paper, textiles, leather, Paper, Jute, non-traditional areas, Engineering, Banks and financial institutions, insurance, Pathology labs, analytical work, carbon black, any product based on petroleum may have some pressure in coming period.

Intraday traders trade with care and enjoy during the day.

Indian Currency

Indian Rupee may trade in between 70.50 to 71.50 per USD.

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

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