Nifty Prediction : Nifty trade Range – (+/-) 75 Points |Stop-Loss 12100 of Nifty

Daily Forecast – Share Market – January 2nd, 2020

Nifty trade Range – (+/-) 75 Points |Stop-Loss 12100 of Nifty

Saturn, Venus and Ketu are controlling the day with Mercury, Sun and Rahu. Total 6 planets are active directly and Jupiter is directly involved. This Jupiter is combust and defeated in planetary war with Mercury. Moon is forming good relationship with four planets, since these planets are transiting from chhidra house, so unable to give best of results because of this combination.

I feel market may be looking for some direction, may be local cues, opening may be not strong or better to say close to previous one. Banks – better to look bit watchful.

Indications are that Banks may show some ups and downs. I will like to be bit watchful for Petroleum based segments for the day, with insurance and related segments. Research and Pathology related segments.

Metals, Textiles, Leather, Sugar, Beverages, Healthcare, or related segments, Chemicals, Bio-technology related, or Pesticides etc., cotton, silk, electronic gadgets manufacturing or marketing, automobile, and transport may remain interesting. I do not feel foreign cues will be important, only Arab area or Iran-Iraq area may be cause of concern due to war zone or some other reasons.

Trade for range of +/- 75 points. Upper range of 12250 and lower of 12100 (for coming period).

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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