Nifty Prediction : May show negative opening | Opportunity for buying at lower levels

Daily Forecast – Share Market – June 14th, 2016

May show negative opening | Opportunity for buying at lower levels

Venus is in lead with Jupiter and well supported by Sun, Moon and Mercury for the day. Venus is slowly and gradually coming out of shadow. Planetary positions are changing, hence impact is seen on the market too. That’s why we have seen some down fall in the market. Mars is clearly indicating that support from foreign Market and aligns/partners will be weak.

Banks may see some better positions for them and impact will be seen in the market in coming days. We may see some movements in either side in transport, media, automobile, fertilizer, engineering, petroleum marketing companies with shipping, sea related companies etc.

I feel that market may give some opportunity to buy good equities at lower levels. It will be better to keep a watch on announcements from government and judiciary system.

Market is still in a better mood, but can give some lower side opening and then may look forward for the new directions.

Indian Currency

Indian Rupee may trade in between 66.40 to 67.30 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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