Nifty Prediction : Market with Positive mood| Looking for next level of 8400 Nifty point level

Daily Forecast – Share Market – July 4th, 2016

Market with Positive mood| Looking for next level of 8400 Nifty point level

Jupiter, Rahu and Venus is leading the day with support of Mercury. Three planets are with positive node and powerful malefic Rahu is also involved with these planets. Important point is Rahu is with Jupiter and equally strong. Foreign market is getting strength from its lord, hence I believe cues from foreign trades may be better or influential for the local trade.

Market may trade with positive mood and like to look for 8400 Nifty point levels, but we should not ignore lower levels for (-) 100 nifty point as profit booking. Government is trying to give some positive news in coming days. So, we can trade with positive mood.

Bank is positive with petroleum, insurance, finance related, Jewellery, engineering, vehicles and other related segments. Fertilizer, agriculture related segments inclusive of agriculture related machinery.

Braveries, spirit, alcohol and related segments inclusive of chemicals and textiles will be better. Focus on power will be important.

Overall positive indications are seen except sudden event by Rahu.

Indian Currency

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.

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