Nifty Prediction : Market may show Volatility | Opening may be under pressure
Daily Forecast – Share Market – June 20th, 2016
Market may show Volatility | Opening may be under pressure
Venus is in lead with Jupiter and supported by Mercury, Rahu, Moon and fallen planet Mars. Indications are due to some Government related reasons market may be under pressure, Mars is fallen, giving support to foreign markets, but also indicating that local supports or partners will not be supporting. Government agency or government may not be supporting market on date. Even though market seems to be positive, but fallen Mars may give some different impact on the trade. Ups and downs are expected during the day.
Range bound impact is clear may be same 8050 nifty point level to 8200 Nifty level. Foreign market may be positive but local may see some pressure.
Look forward to opportunities at lower levels. Infrastructure, power, pharmaceuticals, real estates, vehicles etc. may be doing better. Breweries with education related segments may be better.
Rupee may feel pressure.
Indian Rupee may trade in between 66.70 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.
Categories: Share Market