Nifty Prediction : Nifty looking for 8850 | Foreign news Important

Daily Forecast – Share Market – February 13th, 2017

Nifty looking for 8850 | Foreign news Important

Seven planets are involved in the week. During this day, Mars and Ketu are in lead with support of Mercury, Moon, Rahu, Sun and Saturn. I feel that market is looking for next level of 8900 Nifty points. Only point is that Banks may be doing little bit better and after that some profit booking may be seen during the week.

Market will show positivity during the day, many segments will be doing better. Areas like banks, infrastructure, power, Vehicles, automobile segments inclusive of tyres, fertilizer and paper with Textiles and defence.

I feel that volatility in Political points too can be seen, which may give some impact on the share market.

Cotton, chemicals, drugs and companies involved in readymade garments with silk are doing better. At times, we may see confusion in the market.

Market may show levels in between 8675 to 8925 of Nifty levels.

Indian Currency

Indian Rupee may trade in between 66.60 to 67.40 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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