Daily Forecast – Share Market – November 12th, 2023

Muhurt Trading

Nifty may look for 19550 | Trade with guards in coming period

Jupiter with Mars leads the day, well supported by Moon, Jupiter, Rahu, Ketu and Venus. Lord of foreign lands is just 1 degree and 45 mins. away from Sun, so is disturbed and in coming days will be further afflicted. Result will be basic support from the previous sessions will be decent and planetary support for midcaps and small caps can be seen. Resulting – possibly market may show positive movements but profit bookings in coming period will be possible.

Nifty may show movements for around 100+ points during the Muhurt trading session. Even then for the coming period it will be better to trade with care because of upcoming foreign issues. But lord of share market and banks has come out of the shadow of Sun. Lord of Karma is indicating that quarterly results will be giving positive impact or negative impact on the market.

For the day, I feel that market will be reviving base levels of Nifty.

Nifty may look for 19550 or so. Crude oil may try to recover from below 80 USD.

Indian Currency

Indian Rupee may trade in between 82.70 to 83.50 per USD.

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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.