Nifty Prediction : Range bound trade Possible | Stock investment better for a while

Daily Forecast – Share Market – January 24th, 2019

Range bound trade Possible | Stock investment better for a while

Sun with Rahu and Venus are controlling the key with Moon and Mercury. Importantly, Saturn is on the sandhi line, changing it house, so, not influential. Moon, Sun, Mercury are forming chaturgrahi yog with Saturn. Possibly activities related to Moon can be seen – which can be important for a while. On date some ups and downs in the related segments of Moon can be seen because of Amavasya.

Foreign issues, local issues are important during the day. Budget is practically only 1+5 days away, so influence of news related to budget, speculations etc. will also be influencing the trade during this period.

It is saying that investors for long term are normally winner or are making money, whereas intraday traders are not gaining properly. So, it is wise to protect money, and go in a concrete way. Avoid trading on just a whispering or based on one SMS/text etc. It is always wise to invest time before going for trading or investments.

Crude is facing some issues, that’s why crude rates are under control, for a while. Rubber, lubricants and carbon black are directly or indirectly influencing automobile tyres, whereas consumption has not improved. Possibly, due to global slow-down, which gave fall in exports of the country. Health issues from foreign nation(s) may be cause of concern for again global economy slow-down.

Stock investments may be better than going for trading. Intraday traders can look for range bound business in between 12100 to 12250.

Traders (Casual) be watchful for a while.

Indian Currency

Indian Rupee may trade in between 70.60 to 71.60 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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