Nifty Prediction : Nifty Looking for 8575 point level | Possibility of Volatility | Local cues important

Daily Forecast – Share Market – July 13th, 2016

Nifty Looking for 8575 point level | Possibility of Volatility | Local cues important

Jupiter, Saturn are leading with support of Venus then Rahu is also playing its role during the day. Indications are that still positive moves are controlling the day. Possibility of again around +0.5% movement can be seen. Banks may support.

We can see movements in majority of segments, inclusive of mid-caps and small-caps.

Crude, petroleum, insurance, financial institutions may be doing better with support of Textiles, agriculture, food related, drugs and chemicals. Government or related agencies will be influencing the local market. Or I can say better to look for local cues.

Engineering, defence, forging, automobile related segments may be doing better.

Infrastructure, power, metals and tea/coffee may be better.

Indian Currency

Indian Rupee may trade in between 66.70 to 67.40 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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