Daily Forecast – Share Market – September 16th, 2015

Positive Trend expected | Nifty may show gap up opening

Saturn and Sun are leading the day with the support of Ketu, Moon, Mars, Venus and Mercury. Indications are that market may be looking forward on the indications from foreign markets. Further indications are that since seven planets are in action so this may give movements in all directions, which may give positivity to the trade. As I have mentioned in my yesterday’s post that Market is looking for 7900 Nifty Points, which may be possible today.

Since, planetary positions are changing so, it will be better to be careful for next 8-10 days period or I can say till the period of Lunar eclipse. Mercury is close to its minimum speed because is going to be retrograde – which means at present local share market may not be giving proper direction.

FMCG, Engineering, Foreign related trades, Defence, IT, Travels and tours with aviation and shipping may be doing better. Electrical and electronics may be better for the day. Financial institutions may also be better.

Petroleum may show some sudden moves (ups and downs) in coming days. Moon Mahadasha for India is started. Logistics may also be improving with cable, VAS, communication, Drugs and related fields etc. Some new companies for farming and agriculture related system may also come to lime light.

Indian Currency

Indian Rupee may trade in between 66.00 to 66.80 per USD.

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