Daily Forecast – Share Market – September 9th, 2016

Market may show pressure | Nifty may fall in coming days

Mercury retrograde and falling planet, Venus and Sun are leading the day with support of Rahu, Saturn and Moon. Mercury will be falling to its previous sign Leo at 17:46 Hrs (IST), hence lord of share market and banks for India will be weak and not be in a position to give gains or strength. Rather I feel will be giving weakness to share market and banks etc.

Market may show negative inclination. I will not like to carry today’s position to next working day after this fall of Mercury in Leo sign. Wait for buying till 20-09-2016. Possibility of Volatility is on the cards. I will prefer to book profit as and when required.

Crude in coming days may not be supportive. Lord according to the India’s horoscope is heading for combustion. Trade wisely.

Vehicles, infrastructure and their alliance may be doing bit better. Textiles with consumer goods may be doing better.

Indian Currency

Indian Rupee may trade in between 66.15 to 66.90 per USD.

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