Nifty Prediction : Range bound trading Possible | Trade wisely
Daily Forecast – Share Market – February 11th, 2021
Range bound trading Possible | Trade wisely
Moon is dominating with Mars, well supported by Mercury (Rx) and Venus. Lord of share market is still retrograde, is not supporting properly, DIIs are selling. Importantly, foreign cues/FIIs have supported the market during this period. Still, foreign cues/FIIs are maintaining liquidity in the market and buying also. That is the reason, market is looking like this.
Again, today is weekly expiry of options. Nifty may try to balance in between 15000 to 15200. Results of companies are also playing important role.
I will prefer to look for opportunities in automobile, infrastructure, power, reality, metals, paints and many more from such related field.
IT, communication, logistics, travels, entertainment, web-based sectors, dairy, leaf-based, chemicals, electricals and electronics, edible, edible oil and FMCG, fashion related segments, e-commerce, communication instruments manufacturer etc.
Trade to enjoy Waves (possibly) and Nifty may trade from 15000 to 15200
Indian Rupee may trade in between 72.60 to 73.40 per USD.
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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
Categories: Share Market