Nifty Prediction : Market is positive | Profit booking expected

Daily Forecast – Share Market – June 21st, 2016

Market is positive | Profit booking expected

Venus and Jupiter are leading the day with support of Rahu, Mars, Moon and Mercury. Two planets are not supporting, whereas other planets are supporting, indications are Profit booking is possible, market may move +/- 0.5%. This may be due to Venus and Jupiter supporting but Rahu and Mars are creating some issues.

Balanced movement can be seen on either side. It will be better to book profits on upper levels (as and when required).

Petroleum, crude, petro-based products may be doing better. Foreign cues may be not bad, but it will be better to keep a close watch on local cues and movements.

Defence, Leather, pharmaceuticals with leaf based products may be better, but this may also give movements in aviation etc. Agriculture related segments will be better.

IT may give mixed moves. Automobile and its alliance are still better.

Time to trade wisely.

Indian Currency

Indian Rupee may trade in between 67.10 to 67.90 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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