Daily Forecast – Share Market – August 21st, 2015

Nifty may see some lower values | May not give chance of Profit booking

Market is ready to give chance purchase at lower levels

Jupiter is heading for combustion position, in the shadow of Sun just 04 degrees and 20 mins away from total combustion position, expected on 23-24 of the month. Lord of ascendant is also retrograde and is a falling planet, so not in a position to support trade and business of the country. Foreign issues are influencing this local market. I feel impact of all malefic planets and some decision from Judiciary or relevant body may also influence local market.

Mercury is heading for its exalted sign, so in coming days market may show good movements, but as on date I feel dip in the market due to Jupiter lord of sudden gains and loss is close to total combustion is expected.

Look forward for good equities, banks and financial institutions may also give advantage in coming days.

I believe oil may show some low position as well Indian rupee is also not comfortable even though USD is losing its position.

Indian Currency

Indian Rupee may trade in between 64.80 to 65.70per USD.

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