Nifty Prediction : Market may show upward moves | Trade cautiously | Volatility expected

Daily Forecast – Share Market – January 22nd, 2016

Market may show upward moves | Trade cautiously | Volatility expected

Market is trying to come out of previous day’s level, but is not capable of giving long-term stability. Sun is leading with Rahu these two are supported by Ketu, Jupiter, Mercury and Venus. Jupiter and Mercury are retrograde and Mercury is a fallen planet. Indicating that Mercury is not in a position to give support to local share market and public. Jupiter is also retrograde, indications are that profit and loss may show ups and downs for the market because of Guru-Rahu chandal yog (in one navmansha distance only) and involve in planetary war.

Mars is confirming global cues are important and which may influence our market heavily, but we cannot ignore results of the companies too. I believe market may show some positive moves, but involvement of Rahu and Ketu for the activities purpose indicates Volatility and sudden changes.

Chemicals based and drugs based products like pharmaceuticals, fertilizers can be better with electrical segments. Power particularly non- traditional segment can be doing better with infrastructure.

Textiles and in coming days we may see movements in railways and airways.

Positive moves for today’s trade is possible, I will not look for long term trade.

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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