Nifty Prediction : Market may Open with low | Coming period may be positive
Daily Forecast – Share Market – September 27th, 2016
Market may Open with low | Coming period may be positive
Rahu is in lead with Sun and Mercury whereas Ketu, Venus and Moon are supporting this day. Jupiter is total combust, soon will come out with this situation. Market is still under pressure. Giving opportunity to pick at lower level. Rahu and Ketu are always giving me some fear for volatility – may be not possible all the time, but chances are always there.
Global situation is also disturbing business related issues and market. Crude may show either pressure or volatility. Which may give some pressure on global market.
Local market may have some strength but due to global issues we may see some sudden changes in the market. Nifty may look to touch 8700 point level. I feel that during October market may be positive for 18-20 days.
Due to crude – petroleum marketing companies may be doing better. Communication, power, pharmaceuticals, transport etc. may be doing better.
It will be better to look for the opportunities at lower levels.
Indian Rupee may trade in between 66.40 to 67.10 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