Thursday, October 11, 2018

Nifty and stocks predictions for Oct 12, 2018

Tomorrow overall market can be be up and down both.

Nifty can move down in Morning approximately by 70 points then it can move up by 200 points approximately. Market can close near 10,300.

Tomorrow following stocks can open low

SBI, TATA MOTORS, TATA STEEL

AND petroleum stocks like
BPCL, IOC, ONGC can open low , means petroleum index down, it may improve later.

Today TCS did not move up despite good quarterly result. But tomorrow

TCS , INFOSYS, WIPRO can open high - means IT index up.

HUL, Bajaj Finance, L&T can open high

As per technicals the world markets should improve in coming days. Any negative news can take market down. Decisions of Trump and Federal bank going to play major role in world financial markets.

Crude should move down in coming days

USD rate is  73.77 Rupee when I am writing this.

My predictions are based on technicals and charts, I have not taken other factors into account.

Disclaimer - This article is for study and knowledge purpose only, please take advice of your financial adviser before investing or trading.



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