Nifty Prediction : Recovery from yesterday’s level expected | Sudden changes or foreign issues are important

Daily Forecast – Share Market – January 21st, 2016

Recovery from yesterday’s level expected | Sudden changes or foreign issues are important

Sun is leading the day with support of Mars, Venus, Mercury retrograde and fallen planet, Ketu, Rahu and Jupiter, indications are that Rahu and Ketu can give Volatility in the market and it will be better to be watchful.

As it was mentioned in yesterday’s post that market may show movements from lower levels and recovery was seen from lower level and may show positive opening today.

Since Mercury is a fallen planet and losing its speed, so will not be able to give support to the share market (local) and banks etc. petroleum is again weak area, Venus is indicating that Indian currency is not strong against Key currency of the world ie. USD etc., so we cannot ignore pressure from local share market – even though Market may show recovery from lower levels of yesterday.

Any time this market may breach 7300 nifty levels or we can say +/-1% movements are possible.

Mars is confirming that opposition of every step or agitations against government may continue to hurdle their gearing up economy. Foreign issues or some other complications may disturb foreign nations and our country too.

Indian Currency

Indian Rupee may trade in between 67.40 to 68.25 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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