Nifty Prediction : Tricky instincts Better | Emotions Positive | Trade wisely

Daily Forecast – Share Market – January 19th, 2021

Tricky instincts Better | Emotions Positive | Trade wisely

Moon, Sun with Mercury are leading the day, well supported by Saturn, Mars, Venus and Ketu. Indications are that market is in better mood. I feel that market may show some better movements than previous falls. Recovery can be seen during the day. It will be better to wait and watch till next 45 mins of Opening. Still, I feel that combust Jupiter and Saturn may play some disturbing role (just a possibility).

That means, stop-loss on both sides will be important. Keep a strict watch. I again feel that in coming period USD may show improvements, so INR may be affected.

Movements in many segments may be seen during the day. Volatility is again possible. In case of dip, wait and look for cover up. Nifty may show dips on upper levels during the day due to combustion of Jupiter and Saturn.

Keep a watch on Foreign cues/circumstances/results etc.

Banks, financial institutions, defence, aero-space, IT, communication, entertainment, travels, Logistics, automobile, automobile tyres, two-wheeler manufacturer (rural segments), tractors, real estates, paints, plywood, cement, infrastructure, electronic and electrical, communication instruments, navigation instruments and many more may show movements during the day. Keep a watch on chemicals, Pharmacy and look for opportunities in textiles, healthcare, insurance sea based segments etc.

Petroleum marketing may be doing better, and based segments may be looking better.

Market may show better mood. Look for Opportunities at lower levels (if available). Stop-loss on both sides better.

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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