Daily Forecast – Share Market – January 20th, 2017

8375 to 8450 Range bound Nifty | Pressure expected

Ketu, Rahu and Jupiter are leading the day with support of Mars, Mercury and Sun. I feel that market may show some pressure during the day. Profit bookings are also possible (as and when required).

Even then market is still looking for betterment. But due to changes in planetary movements – I feel bit suspicious. Suggestion is to trade with care.

Movements in many segments can be seen on either side. So, trade with struct stop-loss.

Banks and financial institutions are still in a better mood. At the same time, situation may like to change in coming days. So, long term trading is not advised. Announcement from US or other nations will also be important due today one of New US president in his office.

Trade carefully.

Indian Currency

Indian Rupee may trade in between 67.50 to 68.30 per USD.

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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.