Daily Forecast – Share Market – January 11th, 2017

Nifty may look for 8350 | Keep an eye on Foreign/Government movements

Rahu and Ketu are in lead with support of Sun, Mars, Jupiter and Mercury. Clear indications are that Banks and financial institutions may be doing better. But Rahu and Ketu may give sudden changes.

Petroleum, insurance, infrastructure with power may also be comfortable. Overall movements can be seen with sudden changes or ups and downs. Transport, logistics, communication and travels and tourism with media may be better. Cotton, fabric, leaf related, chemicals, pesticides, spirit and alcohol will be doing better.

Nifty will be looking for 8225 to 8350.

Sugar, metals and import export + defence etc. are better.

Mid-caps and small-caps may also be doing better.

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.