Nifty Prediction : Opening may be weak | Buy at lower levels

Daily Forecast – Share Market – August 3rd, 2016

Opening may be weak | Buy at lower levels

Mercury, Saturn and Ketu are in lead, and Sun, Venus and Rahu are supporting the day. We may see that market may face some pressure, but Mercury, Venus and Sun are indicating other aspects of local cues may be giving strength to the local cues. Overall market mood is comfortable.

Role of Government with other agencies may be important for giving moral boost to the market.

It will be wise to buy on dip.

Movement in almost all segments can be seen. Banks, financial institutions, education, IT, Logistics, Aviation, entertainment medic, travels and tourism with transportation and Sugar will be doing better. We may see moves in infrastructure, power, agriculture and related segments will be better.

Opening may be under pressure. Look for Opportunities etc.

Indian Currency

Indian Rupee may trade in between 66.40 to 67.20 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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