Nifty Prediction : Recovery from lower levels Possible

Daily Forecast – Share Market – November 20th, 2020

Recovery from lower levels Possible

Sun, Mercury and Mars are leading the day, with support of Rahu, Saturn and Moon. Importantly, Jupiter is moved to Capricorn with Saturn. Indications are that market may show recovery from lower levels, during the day.

Foreign cues, COVID and other issues like Pharmaceuticals will be playing important role during the day. Keep a watch on Judiciary. Importance or important decisions from Judiciary may be seen during the coming period.

Now, time for defence related segments may be gaining importance (in coming period).

Textiles, leather, sugar, Pharmaceuticals, automobile, automobile tyres, communication, wine, alcohol, laboratories, with non-traditional goods. Keep a watch on Tea, coffee, banks, and financial institutions may remain active.

Keep a watch on IT, transport all surfaces, digital platforms related finance, distributions etc.

Trade and enjoy the day.

Indian Currency

Indian Rupee may trade in between 74.00 to 74.90 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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