Nifty Prediction : Market may look for 8630 to 8650 Nifty point level | 3 days weekend ahead

Daily Forecast – Share Market – August 12th, 2016

Market may look for 8630 to 8650 Nifty point level | 3 days weekend ahead

Venus and Saturn are in lead, but Saturn is losing its speed for us because is on the curve and close to change its direction of transit. Mercury, Sun and Rahu are supporting to the market.

I feel that local as well foreign market cues will be important for the market and movements for upward directions can be seen. Jupiter is indicating positivity after its transit to the house of share market. We may see activities in education, petro-product and crude in coming days too.

Nifty is trying to go back to a jump of around 0.5 %. Or may look forward for the 8630 to 8650 point level. Since market will be having holidays of 3 days, so little pressure can be seen at the time of closing too.

We may see pressure on Textiles, sugar, and agriculture related segments.

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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