Nifty Prediction : Opening may be positive | Cues from foreign trades important

Daily Forecast – Share Market – July 7th, 2016

Opening may be positive | Cues from foreign trades important

Jupiter is in lead with the support of Venus and Mercury. Importantly lord of share market and banks is total combust, so market may look for the cues from foreign trades or due to Government’s or announcements/news from agencies or from Judiciary etc.

Petroleum, foreign market, insurance and Jewellery etc. with Gold and Silver may show some positive moves.

I feel that market may show further up movements due to indications from foreign trades. Mercury is trying to come out of the shadow, so movements may improve further.

Movements can be seen in Logistics, Aviation, IT, communication, media, infrastructure, gas and petroleum. We may see some movements in Crude too. Time to look for retail, agriculture related segment.

I feel market may show flat opening. Keep a close watch on foreign market cues and Government announcements or news from Government machinery inclusive of Judiciary. Euro may improve its position (marginally).

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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