Nifty Prediction : Mercury is gaining strength | Volatility | Market may open with positive indications

Daily Forecast – Share Market – January 28th, 2016

Mercury is gaining strength | Volatility | Market may open with positive indications

Jupiter is still defeated in planetary war, Sun is leading the day with support of Jupiter, Moon, Venus, Rahu, Ketu and Mercury. Indications are that may be mid-caps and small caps show some movements.

We have to look for the movements by Indian Government – any announcement related to finance etc. which may give impact on the share market. Such announcement may give positive impact, this is subject to the announcement related to finance or person involved in this. This announcement may come after 27-01-2016, because lord of finance has started transiting direct.

It will be better to plan for next month’s share market. I believe closing of the week may be bit better but Rahu is giving deceptive indications Volatility will be key for the day. Trade watchfully. Market may show sudden changes.

It will be better to Book profit as and when required.

Engineering, defence, electronics, small segments, Infrastructure may be better for the coming days (possibly after some profit bookings) but will be better during budget, because Sun will be giving strength to own house. Power will also be better.

Indian Currency

Indian Rupee may trade in between 67.00 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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