Daily Forecast – Share Market – June 13th, 2016

Market may be Under Pressure | Looking for lower levels

This weak many planetary changes are on the card. Mars is already in the list of fallen planet, giving impact that support from the foreign markets or alliances may be bit weak. Impact on the market due to such issues will be seen. Over and above still Venus is combust although coming out of this position. Global situations are changing and at present are not very encouraging.

Venus is in lead, which is combust with support of Jupiter and Sun. Jupiter is close to Rahu degree wise and Sun is ready to change its house and sign, so not giving much strength to the market.

I feel that trading may close to the lower range mentioned in my last post ie. 8100 Nifty point levels.

Mars – is falling and will be falling in the previous house by the end of this week, I do not expect any support from foreign market easily, as well from engineering segment. I hope market may not breach 8100 Nifty point on date.

Trade wisely. Pressure can be seen on oil segment too. It will be better to come out of risky companies and avail opportunity to move in safe companies.

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.