Daily Forecast – Share Market – June 10th, 2016

Sell at upper levels and buy at lower levels be better | Range bound trend expected

Venus (combust) but in own sign, Jupiter and Mars are leading the day with support of Sun, Mercury and Ketu. Maximum segments may be in movements in either side. Ketu is indicating that market may give sudden changes.

I feel that market is positive and may give opportunity to sell at upper levels and buy at lower levels. Reason is that market may have some impact due to governments’ announcement or any agencies announcement. Which may influence the market.

Market is indicating range of 8100 to 8300 Nifty point levels.

Petroleum may be doing better, which may give some positive touch to the oil exploration companies. Insurance and transport (all surfaces inclusive of shipping) may be better.

Mars is falling to the previous house and will be not supporting the market – that means foreign issues may be not very helpful in the third week of the month. Even issues among the political alliances may be seen.

Indian Currency

Indian Rupee may trade in between 66.40 to 67.20 per USD.

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