Daily Forecast – Share Market – May 27th, 2016

Nifty is looking to be close with 8100 point level | Profit booking expected

Venus and Moon with Sun, Jupiter, Mercury and Saturn retrograde are controlling the day. Indications are that market may show some positive moves, but it will be better to sell on rise or as and when required. Market is looking to be close to 8100 Nifty point level. Market may look for booking profit too.

I will prefer to book profit before closing of the market (as and when required).

IT, communication, transport inclusive of Air may be doing better. Banks and financial institutions may be doing better.

Infrastructure, power, vehicles and automobile related segments may be in move with automobile tyres too.

Nifty is set for the range of 7950 – 8100 nifty point level.

Indian Currency

Indian Rupee may trade in between 66.80 to 67.60 per USD.

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