Nifty Prediction : Foreign Cues & Judiciary decisions Important | Avoid “Traps”

Daily Forecast – Share Market – March 17th, 2020

Foreign Cues & Judiciary decisions Important | Avoid “Traps”

Sun with Venus is leading the day and well supported by Rahu, Ketu, Saturn and Mars. Importantly, Mars and Jupiter are within one Navmansha distance, so, combination for Obsession or depth or distraction can be seen at any moment in coming period. Moon is forming decent relationship with Sun. Indicates advisories from government, which may give impact on the market.

I am not positive for the situation, one or two days we may see sudden rise or little bit of positive moves, but planets are not supporting the market. Importantly, next week Mars and Saturn will be in conjunction – Capricorn sign, this union will be changing on May 4th, 2020. Jupiter will move in Capricorn sign on 30-03-2020, we may see some relief in natural calamity/health scare etc., but overall period will not be decent (globally).

Difference between 2008 and 2020 is – that time it was a concern related to banking and finances, but this time it is related to Lockdown of human being, automatically businesses will slow down. Apart from astrology, practically – Anti Virus medicine may take a year or so, from the time of break out of virus.

Anyways, todays position may be seen with some neutral movements or we may see some buying at lower levels. Trouble is India VIX.

We must watch foreign cues also. Reasons are that our own weaknesses. Telecom and related banks may show sudden movements, may be based on Judiciary decisions. Possibility of movements in automobile little bit (may be due to availability of equities at very attractive rates and some other news).

Crude is losing its levels, so oil exploring companies may be showing pressure, whereas oil marketing companies may be bit better, although demands in the market is not encouraging. Movements in the country is restricted, so pressure can be seen on related sectors like aviation etc.

Trade with care.

Indian Currency

Indian Rupee may trade in between 73.40 to 74.30 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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