Nifty Prediction : Range bound trade 8525 – 8650 Nifty levels | Positive for the coming week

Daily Forecast – Share Market – October 14th, 2016

Range bound trade 8525 – 8650 Nifty levels | Positive for the coming week

Jupiter, Venus and Moon auspicious planets are leading the day with the support of Rahu, Mars and Mercury. Indicating that even though mood of the market is positive but few malefic positions are not allowing this market to move according to the wish of share market lord.

Giant markets are also not so aggressive in trade. That is indirectly influencing our market. Still I feel that market may move further 1% up in coming days from the todays closing values.

Look for the opportunity at lower levels. Geo political situation is important.

Keep a close watch on government’s or agency’s announcement, which may give some impact on the market.

House of share market is very active, hence good movement is expected. In coming period, we may see some movements in Petroleum and insurance industry along with banks. Government may be better placed, because lord of the lagna of horoscope is giving strength to own house, hence it will be better positon for the leader of the government and may give some decision.

I will look for defence, pharmaceuticals, textiles, sugar, food and related segment, FMCG, dairy etc. Pressure on IT, communication or may give some losses to the stock holders – particularly to the persons who have Taurus sign or Taurus ascendant. They should trade wisely.

Indian Currency

Indian Rupee may trade in between 66.30 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.

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