Nifty Prediction : Opening may be positive | Expiry may be bit positive levels

Daily Forecast – Share Market – August 25th, 2016

Opening may be positive | Expiry may be bit positive levels

Sun is leading the day with support of Saturn, other planets are Rahu, Ketu and Venus. Indications are market may show movements bit upward. May not be very high levels and at the same time if dips then may be within range.

Due to involvement of Rahu and Ketu, I cannot ignore volatility. Mercury is also losing its speed for us, hence either volume or range may be reducing. Saturn and Mars are still in planetary war; natural calamities may be hurting further (globally).

Keep a close watch on foreign movements which may be bit low or not so strong. After 12:05 Hrs (IST) we may see change in trend for IT, communication, travels and tours etc. Nifty may open with positive moves.

Expiry may be bit positive levels. May not be very high. Keep a range of 0.40%

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.

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