Daily Forecast – Share Market – September 29th, 2016

Nifty may look for 8800 level | Ups and downs may not surprise me

Venus is leading with Rahu and Moon, whereas Mercury and Ketu are also playing some support. Jupiter is also improving its position and after some time will be enjoying one Navmamsha distance with Sun. I believe that market may pick up threads from the last base and may take upward movements.

I feel that market may show gap-up opening. Which may help Nifty to maintain its level at the time of expiry.

Indications for Silk, Jute, Textiles, Banks, Pharmaceuticals, IT, travels and tours with communication, media, alcohol/spirit and chemicals/pesticides etc. ma be doing better.

Many segments will show their movements, inclusive of FMCG and crude etc.

Since lord of the horoscope is playing important role, hence I feel that market will show improvements and may like to look for 8000 nifty point level.

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.