Nifty Prediction : Market may show correction | Trade wisely
Daily Forecast – Share Market – July 5th, 2016
Market may show correction | Trade wisely
Jupiter is leading the day with Rahu and Venus, well supported by combust Mercury. Indications are that Mercury which is representing share market and banks etc. is in the shadow of Sun, just 2 degrees and 25 mins behind Sun. Indications are that in coming days our market may be under pressure. Rahu is trying from past few days but today I believe due to Mercury and Rahu market may feel pressure for today and in coming days.
It was earlier mentioned to book profit and impact can be seen today. I feel after 2-3 days this market may give chance to buy at lower levels. Reasons are Jupiter is in power which may give some opportunity to buy at lower levels. Government’s moves may also be giving movements in coming days.
I will be watchful for banks, education segment and many more segments.
Market may show mood under pressure.
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