Daily Forecast – Share Market – February 27th, 2017

Consolidation/Profit booking possible | Mid-caps, Small caps better

The day is just after Solar eclipse, which had not for India, but global impact may be possible. Share market is always based on local as well international geo-political and financial impacts. During this week, Rahu and Ketu are playing major role. I feel, Volatility and pressure will not surprise me.

I agree that Market is well supported by Mercury and then Jupiter and Mars. So, movements in various range can be seen. Banks and related segments will be active. Medicine manufacturer for Cancer and related field/hospital etc. will be doing better.

Range during the week can be 9025 to 8725 Nifty levels. Dip during the week will not be surprising. Trade with care.

In other words, this period may give an opportunity to buy at lower levels, for the second half of March 2017.

Indian Currency

Indian Rupee may trade in between 66.40 to 67.20 per USD.

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