Nifty Prediction : Lazy movements | Opening may be close to previous closing | Volatility

Daily Forecast – Share Market – August 29th, 2016

Lazy movements | Opening may be close to previous closing | Volatility

Sun is leading with support of Saturn and Venus, Mercury, Rahu and Ketu adds support for the action during the day. Mercury is losing its speed and involved in the planetary war with Venus. On date Mercury has lost in this planetary war. I feel that Lord of the share market and banks – Mercury is showing slow speed, so, this may be supporting but lazy support.

Opportunities in automobile tyres, infrastructure, power, Vehicles, paints and housing related segments like cement and tiles etc. and may be in metals can be seen. Market may be moving with lazy moves.

Agriculture and related segments may be doing better inclusive of tractor manufacturing areas. Crude may show some movements with Gold. It will be nice to see petroleum products.

Chemicals, silk, textiles, paper, communication, media and it can be better. Transport and logistics can be comfortable for the day.

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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