Nifty Prediction : Positive opening expected | Looking for +/- 0.5% movement

Daily Forecast – Share Market – July 18th, 2016

Positive opening expected | Looking for +/- 0.5% movement

Jupiter, Venus and Saturn are controlling the day with support of Ketu. Overall indications are positive for the market but due to some profit booking market may show further chance of buying. Market in my opinion is in a mood to go to close to 0.5 %.

Majority of segments will show movements. Specifically insurance, petroleum based areas, Jewellery and engineering segment will be doing better. I feel that segment for Ready-made garment with textiles, paper, retail and fashion industry may be doing better.

Financial institutions will be comfortable. Keep a watch on education segment with banks.

It will be wise to see judiciary decisions and their impacts on the market or government. We must keep a watch on our local cues.

Enjoy a decent day. Look for an opportunity to buy good equities.

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.

Categories: Share Market

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