Nifty Prediction : Nifty may look for 12300 | Opportunities possible

Daily Forecast – Share Market – January 13th, 2020

Nifty may look for 12300 | Opportunities possible

Venus and Sun are controlling the day with support of Saturn, Mercury, Rahu, Mars and after 10:00 Hrs (IST), Ketu will be involved in the activities. Mercury and Sun are ready to move in Capricorn sign. Mercury will be in Capricorn sign at 11:54 Hrs (IST). Sun will be in Capricorn sign on 15-01-2020. Saturn is in total combustion status. So, unable to give best of results. Saturn is also in move and on 24-01-2020 will be in Capricorn sign. So, planetary positions are changing, impact will be seen on the market in coming days.

Secondly, Budget is ahead, speculation market will be high. Movements will be based on news, smelling the segments etc. Saturn is combust, even then opportunities for Paper, sugar, textiles, leather for 20 days point of view can be seen. Similarly, financial institutions, infrastructure, and possibly some housing related segments may show movements, cements, tiles, and other fittings etc.

Segments related to renewable energies (this may include NTPC also – may be partially), automobile units involved in EV’s etc. may be showing movements. Many segments may be showing movements because all the planets are directly or indirectly active. Enjoy the day, but at any moment Ups and downs not ruled out.

Nifty may once again look for 12300. It will be better to look for opportunities.

Indian Currency

Indian Rupee may trade in between 70.40 to 71.40 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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