Daily Forecast – Share Market – January 3rd, 2017

Volatility expected | Nifty in the range of 8100 – 8225

Period is under control of Rahu, Ketu and Mars. Mercury and Venus are supporting. Tomorrow onward, Mercury will be able to give some impacts. Indications are that market may show volatility again. Banks etc. may try to come up slowly and gradually with volatile moves.

It’s a time to trade carefully. Opportunities may come for some good equities at lower levels, but it will be better to trade wisely. Influence of Rahu and Ketu will remain for some more time.

Some banks will try to come up, as well financial institutions may also be trying to come out of their shell. Electrical, electronics, communication (products), silk, cotton, garments, food products and foreign link trades may be bit better.

I feel that there may be impact of 02-01-2017 or likewise trading.

Indian Currency

Indian Rupee may trade in between 67.70 to 68.40 per USD.

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