Nifty Prediction : Opening may be under pressure | Market may show positivity | Volatility expected
Daily Forecast – Share Market – August 24th, 2016
Opening may be under pressure | Market may show positivity | Volatility expected
Sun is leading with Venus and Saturn, well supported by Rahu and Ketu. Mercury is involved in planetary war and is defeated, but will come out of this war during the day. Saturn and Mars will be in planetary war for a while.
I feel that market is trading with positive inclination and foreign cues may be better for the day. It will be better to trade wisely and keep your guards strong for sudden changes in the market or volatility.
Infrastructure, Power, Vehicles & alliances inclusive of battery and automobile tyres etc. Engineering and petroleum based companies may be doing better.
I will plan for two three days and then look for the market trend.
As of now, market may behave positively with Volatility. Next week, first two days volume may be low and onwards v may show different moves.
I feel opening may be under pressure.
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.
Categories: Share Market