Daily Forecast – Share Market – February 1st, 2017

Nifty may Open for 8600 Levels | Volatility expected

Saturn and Ketu are leading the day with support of Mars, Sun, Moon and Rahu. Indications are clear that market may show volatility during the day, we may see positive opening and then some consolidation or profit bookings and further movements. Simply we can say day of volatility.

I feel that market may show time to time sudden changes. For a normal trader, it will be wise to wait and watch for the further movements and trade.

Market may be hoping a lot from the FM of India, possibly that much may not be announced at present and government may like to shield of state elections etc. Government may hold many announcements due to elections in various states.

Saturn is indicating that share market house and parliament is influenced by Saturn as well house of finance and banks are also influenced by Saturn. Mercury is close to move out of the house from where it was supporting house of banks etc. So, banks in coming days may show some ups and downs too.

Trade wisely.

Indian Currency

Indian Rupee may trade in between 67.30 to 68.00 per USD.

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