Nifty Prediction : Market is looking for Range Bound trading but Positive | Sudden changes expected

Daily Forecast – Share Market – June 2nd, 2016

Market is looking for Range Bound trading but Positive | Sudden changes expected

Venus and Moon are in lead with support of Ketu, Saturn retrograde, Jupiter and Mercury. Venus is just 1 degrees and 17 mins. away from Sun, very close to total combustion. Our markets are not getting any directions from local government and companies.

Mercury is giving positive touch to the market, where as few planets are indicating sudden changes are expected. Reversal moves at any stage are expected from any point.

As it was mentioned in my last post that market may remain in the range of 8225 to 8075 Nifty levels, so I feel that market may follow the same range.

Ready-made garments, Nano-technology related, bio-chemicals, coffee may be doing better. Financial institutions, insurance etc. may be doing bit better. Gold may feel some pressure.

Keep a close watch on foreign market.

Vehicles may show some moves, with automobile segments.

Trade watchfully.

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.

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