Daily Forecast – Share Market – August 23rd, 2016

Sudden changes expected | Trading may be range bound of -/+ 0.75%

Sun is leading with Ketu and Saturn which is defeated in planetary war with Mars. Rahu and Venus are also supporting during the day, but importantly lord of the share market and banks etc. is defeated in planetary war with Jupiter, which may influence accordingly to the share market.

Odd planetary conditions and influence of Rahu and Ketu + Saturn which is not comfortable, means that market may have some pressure, even though mood may be positive. Mercury has started losing its speed too, hence possibility of low volumes in coming days, may be by the end of month. So, it will be better to be watchful.

Gains and other issues may be better, but it will be better to watch government and Judiciary, which may influence market of few segments.

I think market may behave for range bound tendency and may like to breach 8600 points level in a day or two. It will be wise to be watch (+/-) 0.75% variation in the market. Foreign cues may be influencing our system.

It will be wise to trade company (stock wise). Nifty may be under pressure. Sudden changes expected.

Indian Currency

Indian Rupee may trade in between 66.80 to 67.50 per USD.

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