Nifty Prediction : Nifty may look for 11700 | Positive indications | Stop-loss Important

Daily Forecast – Share Market – September 17th, 2020

Nifty may look for 11700 | Positive indications | Stop-loss Important

Sun with Ketu is leading the day, with the support of Venus, Moon, Mercury and Mars (retrograde). Importantly Sun has move out of its own house and sign, Jupiter is regaining its speed for us. Index values are on the higher side, so movements in either of the side may show swing. I feel Nifty may again try to look for 11700.

Keep a watch on Banks, which may play important role for the movements during the day, reason is lord of the banks and finance is enjoying close to exaltation position. Look for Positive movements.

I believe that expiry of the week will be positive.

Keep a look for banks, financial institutions, communication instruments, electronic and electricals will be decent with leaf based, coffee, sugar, engineering metals, Power, and infrastructure will be interesting.

Pharmaceuticals, IT, rubber with solvents, carbon black and many more segments may remain active.

Enjoy the weekly expiry.

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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