Nifty Prediction : Market looks like giving Positive opening | Transactions may not be so good
Daily Forecast – Share Market – May 9th, 2016
Market looks like giving Positive opening | Transactions may not be so good
Venus is the key planet for the day, which is lord of lagna of India’s horoscope, indicating that position is better on the day in spite of total combustion of lord of share market Mercury and slowest speed of Jupiter for us, because will start transiting direct after 17:45 Hrs (IST). Other supporting planets are Jupiter, Mercury, Saturn and Mars. All four retrograde planets are in force today, but I feel due to strong position of Venus, and combust retrograde Mercury + Jupiter, market may be positive.
According to China’s horoscope, their financial position is still not indicating good sign. But other cues from different markets may give positivity to the market. It may try to touch 7775 Nifty point levels.
It will be interesting to see moves in crude after 17:45 Hrs (IST).
Electrical, electronics and paper etc. will be doing better with communication.
Since all the four retrograde planets are in force and one is moving at the slowest speed and another is total combust, so market may change direction from any point again.
Indian Rupee may trade in between 66.20 to 66.90 per USD.
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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
Categories: Share Market