Nifty Prediction : Nifty planning for 16000 | Buy on dip better (for a while)
Daily Forecast – Share Market – June 15th, 2021
Nifty planning for 16000 | Buy on dip better (for a while)
Moon with Mars and Mercury retrograde leads the day, well supported by Saturn (Rx), Jupiter and Rahu. Foreign cues along with local issues may be supporting the market, resulting market may confirm indications for the preparation of 16000 of Nifty in coming period.
Despite of high inflation and low income of mass of the nation, this market is rising, which is possible, because of money from middle class has come to flow, they believe that possibly this may give some financial gains to them and give additional income. They must remember that once loss is gain of others. This trade is managed by “MAHARATHIES”, so investment is good for them, but direct trading may not be good, unless their own horoscope is extra supportive for sudden gains etc.
Moon is forming good relationship with Saturn and minimizing debilitation impact of Mars. Possibility of related areas may be interesting. Keep a watch on foreign cues, defence related issues (in all respect), because exchange of aspect with Saturn on neighbouring areas will be important. Time to increase vigil especially from western areas of nation. Activities on other side (Northern) may be hidden or terror impact.
Jupiter is slowing down its speed, Sun has moved in Gemini sign with Venus.
Activities in the area of IT, communication, defence, logistics, communication instruments, alcohol, alcohol related areas including spirit, wine etc. leaf-based areas like tobacco, tea, coffee (seeds), chemicals, solvents, rubber, automobile tyre (keep a watch at better levels), automobile, power, automobile batteries, non-traditional segments, insurance, health related equipment, electronic segments related health care, textiles, paper, and many more areas are active. Keep a watch on fast food, metals etc. Banks at better levels will be an incentive.
Nifty may look for further move. Buy on dip will be better for a while.
Indian Rupee may trade in between 72.70 to 73.50 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