Nifty Prediction : Bounce back possible | Volatility/suddenness during the period possible
Daily Forecast – Share Market – February 25th, 2020
Bounce back possible | Volatility/suddenness during the period possible
Rahu with Ketu is holding key with support of Sun, Jupiter Mercury (retrograde) and Venus (exalted). Lord of share market and banks is not comfortable due to close to total combustion and retrograde position. Whereas exalted Venus lord of cabinet and horoscope is giving aspect on the house of share market (supported).
As mentioned, previous day’s report – Opportunities to buy at lower rates, results can be seen during the day. Market may show positivity or bounce back can be seen.
But I am not satisfied with the strong Rahu with Ketu. Suddenness can be seen or possible at any moment during the day or coming period. Stop loss on either side is strong. Combination of Rahu and Ketu is warning for the virus relate issues for the human being or anywhere.
Crude is hampered with Corona Virus, which has dropped down, it is a different issue that our nation couldn’t take advantage due to INR (weakness).
All the chances of Volatility are possible in coming days. If Nifty may show sudden changes in coming days (negative side) will not be surprising.
Period for traders can give chance to take precautions. Keep a watch on Foreign cues and trades. Deception during the day or coming period not surprising. Keep a watch on Banks, financial institutions.
Movements in Pharmaceuticals, non-traditional segments, Gold, Silver, wine, alcohol, sugar, textiles (coming period) with Paper and Leather, cotton, communication instruments, defence and related segments may remain active during the day.
Indian Rupee may trade in between 71.50 to 72.30 per USD.
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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
Categories: Share Market