Nifty Prediction : Market sentiments are Positive | Volatility expected or we can say Mixed day
Daily Forecast – Share Market – July 8th, 2016
Market sentiments are Positive | Volatility expected or we can say Mixed day
Jupiter is leading with support of Venus. Mercury (combust) and Ketu are also creating some issues. Jupiter and Venus are indicating that sentiment of the market is positive. But we cannot ignore importance of cues from Foreign market. Reason is – Mercury is in the shadow, but is coming out of the strong combustion stage.
I feel today we may get an opportunity to buy at lower levels for banks, education, textiles, engineering, power and non-traditional way of energy. Readymade garments may be better with coffee etc. Food, fertilizer and pharmaceuticals may be doing better.
I feel that mixed moves with positive sentiments can be seen during the day. I am positive for the next working day after a holiday. Reason is strong Jupiter and Venus will be main player and Mercury will also be out of acute shadow of Sun, so that market will have own strength and Mars will be giving indication for the defence related segment will improve.
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