Nifty Prediction : Market is looking for 7850 Nifty point level

Daily Forecast – Share Market – May 25th, 2016

Market is looking for 7850 Nifty point level

Venus is leading the day with support of another 5 planets, indications are that market may show movements in maximum segments.

Mercury has started gaining momentum, which may help local market because Mercury is lord of share market as well represents finance and banks etc. I feel market may show some positive movements as it was mentioned in my previous post, “Opportunity at lower levels will be available”. It may cross 7850 Nifty point level or try to touch. Undoubtedly, market is still trading in range bound levels say 7700-7900 Nifty point level.

Engineering and related segments like Forging etc. may be better with metals and many segments. Infrastructure, Transport and airlines etc. may also show some movements with Cement and related field. Fertilizer/agriculture and chemicals etc. can be decent.

I feel gold may show some pressure.

Indian Currency

Indian Rupee may trade in between 66.90 to 67.80 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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