Nifty Prediction : Market may show gap-up opening | Range bound expected

Daily Forecast – Share Market – February 26th, 2016

Market may show gap-up opening | Range bound expected

Moon and Jupiter retrograde are leading the day with support of Venus, Sun, Mercury and Rahu. Indications are that market may have upward wave at the time of opening. Impact of foreign issues like oil and secondly market is based on Budget related issues.

I feel that Agriculture (includes Irrigation and fertilizer) + non-traditional ways of agriculture related segments. Power and non-traditional ways of power, infrastructure etc. can be better with chemicals and education related segment.

Engineering and defence can be doing better. Keep a close watch on FMCG segment with breweries, because they may be doing better. Pharmaceuticals and technical of telecom may be doing better.

Indian Currency

Indian Rupee may trade in between 68.20 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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