Nifty Prediction : Foreign cues may be better | Mood is better | Profit booking expected
Daily Forecast – Share Market – July 1st, 2016
Foreign cues may be better | Mood is better | Profit booking expected
Jupiter, Rahu and Venus are in the lead with support of Sun and Mercury. Indications are that due to direct transit
of Mars, foreign cues are better. Local cues will also be reasonable. So, chances of positive mood in the market can be observed.
Profit booking at any stage is also expected.I feel that Transport, logistics, IT, communication, media, power, infrastructure, travels and tourism, hotel, Vehicle etc. may be better. Banks are also doing well with financial institutions, insurance, petro-based products, shipping or sea related segments may be doing better.Engineering, forging, electrical, fertilizer or agriculture based segments may be comfortable in coming days. Retails and food may be good.I mean to say Mid-caps, small-caps or many ranges may be positive. Profit booking is part of trade.
Indian Rupee may trade in between 67.00 to 67.80 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