Daily Forecast – Share Market – August 4th, 2016

Nifty looking for 8600 point level | Be ready for sudden changes

Ketu is in lead with Saturn, other planets like Rahu, Mercury, Venus and Sun are also supporting during the day. Market may show positive opening, but due to Ketu and Saturn retrograde in lead, I feel bit doubtful for the proper movements during the day.

Market may try to touch 8600 Nifty point level.

Automobile ancillary, Logistics, travels and tours, communication etc. It will be better to look forward for Jewellery, insurance, Textiles, agriculture etc. with coffee, Tea, Ready-made garments, silk etc. may be doing better.

Sudden changes may not be surprising due to Ketu and Rahu’s hold during the day.

Keep a watch on Local cues.

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.