Nifty Prediction : Budget is ahead but Market may remain cautious

Daily Forecast – Share Market – February 24th, 2016

Budget is ahead but Market may remain cautious

Jupiter retrograde, Moon and Venus are leading the day with support of Rahu, Sun and Mercury, indications are that market may show movements, but it will be better to be watchful. Waves like movements expected.

Parliament may see impact of five planets and majority of planets are malefic, so impact is clearly understood.

Petroleum based products may show some movements, exploration related companies may show some pressure.

Moon is indicating that market is confused because of conjunction with Rahu. Hence we may see some pressure on transport, IT, media and entertainment etc.

Textiles, Paper and engineering, infrastructure and paint, home décor or related segments may be bit better.

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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