Daily Forecast – Share Market – January 4th, 2017

Nifty may look for 8240 | Volatility expected

Rahu and Ketu are in the lead, Jupiter, Mercury (retrograde), Venus and Mars are supporting. Indications are that Mercury may try to recover market of 19/20-12-2016, in coming days. But on date movements may be positive and can move upward with Volatility.

Petroleum, leaf, insurance, IT, communication, Transport, Railways and technical companies for communication etc. may be doing better.

Electrical, electronics and engineering related segments, automobile and related segments may be showing some movements.

Garments, cotton and textiles with silk may be doing better.

Rahu and Ketu will always show unexpected movements – that’s my fear. Mercury is slowing down its speed, hence in coming days, movements may be within range.

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.