Daily Forecast – Share Market – July 29th, 2016

Lazy Opening | Range may from 8600 to 8700 Nifty Point level

Saturn is leading the day with support of almost all planets except Mars and Jupiter. I feel that we may see movements in many segments, possibly mid-caps and small caps. Saturn, Rahu and Ketu are indicating that market may be deceptive and Volatility can be seen during the day.

It will be better to look for the local cues more closely. Sudden changes in the movements can be interesting.

IT, communication, media, communication, Travels and tours with Logistics may be positive. Petroleum based products or marketing companies may also be doing better. Pesticides, sugar, fertilizers, Leather etc. will be showing movements with Paper etc.

Market is positive but may show some consolidation.

Range is

Indian Currency

Indian Rupee may trade in between 66.80 to 67.60 per USD.

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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.