Nifty Prediction : Nifty may trade in the range of 8200 to 8300 | Positive mood expected

Daily Forecast – Share Market – January 9th, 2017

Nifty may trade in the range of 8200 to 8300 | Positive mood expected

Rahu and Ketu are controlling the day. Mercury has started transiting direct. Other five planets are also playing their role. Indications are that movements in positive side with some volatility is expected. Market may show movements within the range of 0.5% (+/-). I feel that market may try to look for 8300 nifty point level in coming days.

Banks and financial institutions, engineering, electronics and electrical goods, communication instruments etc. may be doing better. Leafy goods, chemicals, textiles, cotton, garments and automobile tyres etc. will be looking for betterment.

Judiciary or government announcement may give some impact on the market.

Midcaps and small caps may show some movements.

Indian Currency

Indian Rupee may trade in between 67.60 to 68.50 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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