Nifty Prediction : Cautious movements | +/- 05% movements expected

Daily Forecast – Share Market – February 23rd, 2016

Cautious movements | +/- 05% movements expected

Jupiter retrograde, Moon and Venus are leading the day with support of Rahu, Mercury and Sun, indicating that market may show cautious movement in the market, even though budget session will be starting on date and as it is expected – session will again be influenced with the opposition.

Optical fibre, communication related technical support, export, engineering with Paper, and mid-caps may be doing better.

Power, railways / transport may be key factor for a while. Ups and downs with limited range of +/-0.5% expected.

Housing related products may be some better with Vehicles, and its component manufacturing segments. Petro-based products may be cautious.

Oil exploration, see related, Jewellery and infrastructure can be doing better in coming days with agriculture related field will be doing better with Defence.

Indian Currency

Indian Rupee may trade in between 68.10 to 68.90 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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