Nifty Prediction : Nifty may show movement of +/- 0.5 %

Daily Forecast – Share Market – September 28th, 2016

Nifty may show movement of +/- 0.5 %

Jupiter is slowly coming out of total combustion, but importantly Rahu and Ketu with Venus are dominating the day with support of Sun, Moon and Mercury. Market is trying to come out of the low position, but Rahu and Ketu are creating some confusions in the market or due to some purpose this level is controlled.

This may indicate that market may move +/- 0.5%. I believe that market may remain in the range bound trade in between 8625 to 8825 nifty points.

Nation may be bit disappointed with the confusion in government’s policy, this may give some positive to the market, but may hurt sentiments of the public.

Infrastructure, power, media, communication, metals, alcohol, spirit with coffee, tea and housing related segments may be doing better.

Banks, education, financial institutions will also be in improvement after few days.

I believe to look for lower levels or balancing the prices to avail opportunity in coming days. Crude may show some improvements.

Indian Currency

Indian Rupee may trade in between 66.10 to 66.80 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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