Nifty Prediction : Investors be watchful | Range of +/- 200 points for Nifty Important | Trade with care

Daily Forecast – Share Market – September 10th, 2020

Investors be watchful | Range of +/- 200 points for Nifty Important | Trade with care

Venus, Ketu and Moon are leading the day, with support of Mars, Sun and Saturn. Transit of planets are changing – Mars has already started transiting retrograde, from Sunday, Jupiter will start transiting direct, at the same time Saturn is also close to change its transit direction. Which is directly influencing share market and other issues happening. Global trend may be supportive for the market.

Issues related to neighbouring nations may be tricky. Keep close watch.

Indicating market may trade better than the previous day.  Chances of recovery from lower levels possible. Judiciary will be important for the day, which may affect trade direction. Crude is also looking bit better. After 13-09-2020, crude may set the direction in proper way.

Nifty is tricky, trade with strict stop-loss. Nifty may trade within range of (+/-) 200 points. Banks may be looking for stable moves after a fortnight, when Rahu will move in Taurus sign, lagna of India’s horoscope but importantly, in the eleventh house from Moon of India’s horoscope, which will be better position. But for competitiveness to handle enemies might see some changes. Common man may face some more troubles.

I agree that lord of share market is in own house and at the same time lord of banks and financial institution is transiting from own sign, giving strength but other changing position in transit of planets is hurting this advantage.

Communication, paints, automobile tyres, batteries, communication and transport related instruments may be doing comparatively better. Keep a watch on insurance, housing financial organisation with other organizations related to health related instruments manufacturer etc.

Activities related to news may be in movements. Keep a watch. Investors please wait and watch. Traders can trade with stop-loss on either side.

Indian Currency

Indian Rupee may trade in between 73.00 to 73.80 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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