Nifty Prediction : Trade after settling down| Movements on either side possible

Daily Forecast – Share Market – September 15th, 2020

Trade after settling down| Movements on either side possible (but better)

Sun with Ketu is leading the day, well supported by Saturn, Mars, Venus, Moon and Mercury. Planetary positions are changing. Sun will be moving in Virgo and transiting in the last degrees in own sign Leo. Jupiter has to regain its speed (for us). Indications for the market is balanced. Certain areas may try to give pressure and some may try to boost the market. Hence, we may see balanced movements in the market – means not so positive and not so negative.

Global cues may give confusions. Keep a watch on local indications and movements and bordering areas.

IT, banks and financial institutions may remain active along with market Propeller for now RIL. I will prefer to trade with patience, and for long term traders – look for opportunities in exchange related segments like BSE or MCX etc. (preferably on dip). Keep a watch in automobile sector (with care).

Investors or traders please do not chase the market or equities. Better to allow them settle down and then move for trade or investments.

Activities in almost every segments can be seen (may be on either side). Currency is holding its position and crude is also holding position. It will be interesting to see position of crude in coming period.

Indian Currency

Indian Rupee may trade in between 72.80 to 73.60 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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