Daily Forecast – Share Market – September 22nd, 2016

Nifty may look for 8825 | Market may show positive touch

Venus and Sun are leading the day with support of Moon, Mercury, Mars, Rahu and Ketu. Only Jupiter is retrograde with combust position.

I feel that Mercury will start giving strength to own house of share market, because is heading for own house and sign. Which will give positive impacts on share market and banks etc.  I feel now market may try to recover its lost position within last 20 days in next one-month period. Rahu and Ketu may show some sudden changes.

Banks, financial institutions, education, nifty, Defence, engineering, electrical equipment and appliances. Pharmaceuticals, alcohol, Tea, coffee, media, entertainment, IT, communication, transport (all surfaces) may be doing better (I am doubtful for shipping). Majority of the segments will show movements including infrastructure, power, metal with vehicles etc.

Crud may not be comfortable. Market may try to touch 8825 Nifty point level.

Indian Currency

Indian Rupee may trade in between 66.60 to 67.35 per USD.

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