Nifty Prediction : Nifty is again looking for 8700 point | Mood positive | Volatility expected

Daily Forecast – Share Market – August 19th, 2016

Nifty is again looking for 8700 point | Mood positive | Volatility expected

Rahu, Venus, Sun and Saturn are leading the day with support of Ketu. Mercury is heading for its own sign and house of share market. Indications are that in coming period market may be enjoying support from Banks. Share market is looking positive butt Rahu can give some volatility too. In spite of all this Market may try to touch 8700 nifty point level.

Petroleum is showing uncertainty – because of weak lord.

Agriculture related segments inclusive of seeds etc. may remain in comfortable position. Textiles, paper, banks, Jewellery etc. with retail trades will be doing better. It will be better to keep an eye on government’s announcement, which may influence share market.

I am confident for the coming period may be for a week or so. Financial institutions may be better with alcohol and chemicals. Pharmaceuticals and coffee etc. may be better.

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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