Daily Forecast – Share Market – January 23rd, 2017

Nifty may look for 8325 level | Volatility expected

Mars has moved to Pisces sign and within this week Saturn will also be changing its house/sign. This will be an important event. This Saturn will be activating Parliament, business and ministry + banks/finance and states etc. at the same time giving impact on share market, public and education related issues. Hidden events, petroleum and research related issues.

I hope this week may like to come up but due to planetary situations (changes) – ups and downs in the market will be influencing the market. Importantly after four days from the last day of the week will be a day of Budget, which will be announced on 01-02-2017.

Jupiter is leading during the day, well supported by seven planets. Only Moon is directly not participating during the day.

I feel market may have movements. I will prefer to look for Mid-caps etc. This movement can be on either side of the previous closing. It will be wise to trade with care, Pressure on the market during the week may not surprise me.

During the week, market may breach 8300 nifty levels in coming days. Nifty may be in the range of 8300 to 8500.

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.