Nifty Prediction : Nifty Range (+/-) 100 points | Trade accordingly

Daily Forecast – Share Market – February 10th, 2021

Nifty Range (+/-) 100 points | Trade accordingly

Moon with Mars is leading the day, well supported by Sun, Venus and Mercury (Rx). Banks and financial institutions are not supportive with the foreign cues. Importantly lord of share market is placed again in the sukshma house, so despite of weakness and falling, may try to protect share market. Shatgrahi Yog is influencing crude, IT, communication, metals, and many more.

Results will be supporting drive for the market, where DIIs, foreign cues may not be much supportive, hence volatility or may trade within (+/-) 100 points. Crude is rising, whereas USD is stable.

Metals, IT, communication, water related, Dairy, entertainment, logistics, travels and FMCG, with Food related segments may remain active. Automobile, automobile tyres, automobile ancillary from consolidation levels etc. will be better (if any consolidation). Emotions of market is not bad, even if any big dip, wait for the opportunities.

Nifty may trade within (+/-) 100 points.

Indian Currency

Indian Rupee may trade in between 72.70 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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