Daily Forecast – Share Market – February 24th, 2016

Range bound trade | Sell on rise will be better

Moon and Jupiter retrograde are leading with Sun, Rahu, Mercury and Venus. Indications are clear for pressure and range bound market from 6950 to 7200 Nifty point levels. Market may again show ups and down. Market may show changes after 12:23 Hrs (IST).

Transport, communication, irrigation/agriculture, power, engineering, vehicles alignment, and oil exploration may be bit better.

Look for sell on rise, I agree that Moon has come out of the shadow of Rahu, but still other aspects of planets are not so strong to give guidance to local market.  Parliament is confirming that will be influenced due to Guru-Rahu chandal yog.

Indian Currency

Indian Rupee may trade in between 68.10 to 68.80 per USD.

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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.