Nifty Prediction : Positive approach possible | Tiredness not surprising

Daily Forecast – Share Market – February 7th, 2019

Positive approach possible | Tiredness not surprising

Venus with Rahu are holding the key of the day with support of Sun, Mars, Jupiter, Saturn and Mercury. Normally, planets are in their comfort zone, only Mars is ready to change its sign and house, transiting in the last degrees, so impact of the foreign cues may not be much important. Otherwise, chances of bit tiredness can be observed in the market.

Such holding to form the base is also important for the market. After hectic 21 days of down and up, market may need some rest.

FMCG, automobile, sugar, textiles, gas and petroleum may be decent, IT, communication may give an opportunity for the next few days. Agriculture related segments are active and hence automobile related to agriculture may be showing better moves.

Opportunities for spirit, alcohol, banks and financial institutions with insurance may be decent. Period for looking positive in defence, petroleum and insurance along with analytical laboratories will be better in coming days

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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