Nifty Prediction : Nifty looking for 8425 | Mid-caps and small caps interesting

Daily Forecast – Share Market – January – 12th, 2016

Nifty looking for 8425 | Mid-caps and small caps interesting

Jupiter, Rahu and Ketu are playing major role during the day, with support of Mars, Mercury and Sun. Indications are that market may have movements in many segments and Nifty may get the strength to march forward and cross 8400 and further look for 8425 levels.

Banks and financial institutions are recovering well and may show again good day. Materials related to infrastructure like cement and other products will be doing well. Automobile and ancillary, tyres with power and metals may show moves.

Media, travels and transport will also be supportive with communication and its instruments, logistics and media. Petroleum and related field may be nice with mid-caps and small caps.

Dairy products and cotton with silk etc. are comfortable for a while.

Trade with strict stop-loss, reason is Rahu and Ketu may show their sudden moves – will not surprise me.

Indian Currency

Indian Rupee may trade in between 67.60 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.

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