Nifty Prediction : Nifty Looking better | Restrictions Upper levels | Banks doubtful

Daily Forecast – Share Market – January 20th, 2020

Nifty Looking better | Restrictions Upper levels | Banks doubtful

Rahu, Sun and Venus are controlling the day with support of Saturn, Moon and Mercury. Indirectly all the planets are active. Ascendant lord Venus is forming wonderful relationship with Moon. This week, Saturn will move in own sign and in the house of Judiciary and religion etc. Karmadhikari will move in Dharmadhikari position. I believe, working of the government has to be judicious after this movement otherwise Saturn will do judicious decision within next seven and half years. So, either government will be giving more importance to Finance ministry or may face judicious results. This may be after Moving of Saturn in Capricorn (After January 2020).

This budget will be giving indications (probably), otherwise results can be seen in the coming period. I believe that market is looking to form a base before budget. Nifty may again look for upper levels, Rahu can give movements – ups and downs.

IT, communication, entertainment, logistics, travels and tourism etc. and transport will remain active along with neighboring area. Banks may not be as good as it was earlier (on date). Impact of Budget can be seen during the last days of the month. News and speculations will give some movement to the market (Rahu is indicating – speculations).

Textiles, Leather, automobile, Paper, chemical, rubber, healthcare, Alcohol, spirit, wine and related areas, sugar and many more segments may remain active – may be in midcaps. Crude may give some rise along with currency (INR weakness).

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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