Nifty Prediction : Market may show Gap-up Opening | Nifty may try to touch 7075 point

Daily Forecast – Share Market – February 15th, 2016

Market may show Gap-up Opening | Nifty may try to touch 7075 point level

Inching close to the period of Budget, Sun is leading the day with support of retrograde Jupiter and Mars + Mercury. Indications are that market may open with a gap up opening, and may try to touch 7075 nifty points.

I hope this time market may try to hold for a while, global cues may be better which is influencing local market.

Petro-exploration may be doing better, which may give some impact on other segments too. Vehicles, Power, infrastructure may be better. It is also advised to avail this time to look only for good companies.

IT, communication, Transport may also be doing better. We may also see movements in defence related segments. Pharmaceuticals and healthcare may be doing better with agriculture based segments.

Jupiter is retrograde so, it is advised that market may show some reservations after sometime. It will be better to trade with strict stop-loss.

Indian Currency

Indian Rupee may trade in between 67.80 to 68.50 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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