Daily Forecast – Share Market – January 17th, 2017

Market may Move upward | Nifty Looking for 8450 level

Jupiter, Sun and Ketu are leading the day with support of Rahu, Mars and Mercury. Market is looking for upward movements. Or I can say with some positive moves for a week or so.

Market may show in General many segments – may be in Mid-caps and small caps too. Communication, media, sea port or sea related segments, banks, financial institutions, insurance and Petro-based products may be doing better, along with petroleum companies.

Automobile segments may start moving along with the automobile ancillary units. Automobile tyres etc.

Engineering and electricals, electronics, IT may also show some movements in medium level companies.

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.