Nifty Prediction : Nifty may touch 8425 | Trade with care

Daily Forecast – Share Market – January 24th, 2017

Nifty may touch 8425 | Trade with care

Jupiter and Mercury are leading the day with support of Rahu, Ketu, Mars Venus and Sun. I hope, market may show some movements and majority of the segments will be showing movements. But this does not mean that, market will be showing only positive. Because if Mid-caps and small caps will show movements. Market may be cautious, reason is budget is ahead and this will be first week of Trump Government. Global issues will be trying to settle down.

It will be wise to check trading or be calculative in trading. I will not be going for long term trading.

Fertilizer, silk, cotton, irrigation pesticides and garments etc. may be doing better. Bans and financial institutions will try to give moves. Infrastructure, power and transport will 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.

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