Nifty Prediction : Market may show some recovery | Volatility/sudden changes possible

Daily Forecast – Share Market – July 10th, 2015

Market may show some recovery | Volatility/sudden changes possible

Ketu, Rahu and Saturn are playing important role during the day with the support of Moon, Mercury and Jupiter. Jupiter and Moon are at good distance, so this may give advantage to Petroleum, Jewellery, IT, Communication, Hotel and Tourism with entertainment segment.

Market may show some recovery from the lower levels or from the current levels. Since Rahu is leading and Jupiter is changing its house on 15-07-2015, so it will be better to trade wisely. Utilize this period for recovery (if possible).

Textile, Alcohol, Breweries, Silk, leather, Agriculture related, Sugar and FMCG with Pharmaceuticals can be doing better during the day.

Banks and financial institutions with Insurance segment may show some movements.

Since three malefic planets are leading and out those Rahu and Ketu can give sudden changes so, it will be better to be watchful and trade with strict stop –loss on either side.

Indian Currency

Indian Rupee may trade in between 63.10 to 63.95 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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