Nifty Prediction : Look for Opportunities | Keep a watch Geo-trade situation

Daily Forecast – Share Market – January 16th, 2020

Look for Opportunities | Keep a watch Geo-trade situation

Sun with Venus and Rahu is controlling the day and well supported by total combust Saturn and Moon. Indirectly Jupiter and Ketu are also active, because of their conjunction with Saturn. This Saturn is almost a week away from moving in own sign and house of Judiciary and religion related activities. Activities for the house of banks and finance, is controlled by Rahu or better to say activated by Rahu, so ups and downs in this sector is possible, which may give impact on the overall trade accordingly.

Importantly some positive news from Geo-trade conditions may help certain area of the market. Saturn is moving to next house and own sign, so may try to give some better Geo-business situation for the time being.

Crude and currency are maintaining their levels, which is not negative for a while. Geo-political situation may not be influencing the day, but it will be better to be careful with such events in coming period.

Infrastructure, automobile, building related materials like ceramics, cements, paints etc. with automobile ancillary and renewable energy, fisheries, or certain area of agriculture etc. may be doing better because of expectations from government in coming period.

Trade may show bit pressure and, in some areas, better opportunities to buy. Look for opportunities. Market is looking for the announcement from government. Since, Rahu is active heavily, chances of waste management related segments/issues may be doing better in coming period. Please look for the announcements in coming period.

Market may be in the range. Close to previous closing or so, will not surprise me.

Indian Currency

Indian Rupee may trade in between 70.00 to 71.00 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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