Daily Forecast – Share Market – March 6th, 2017

Nifty may try for 8930 | Impact from other markets possible

Ketu, Jupiter and Mars are in lead with support of Rahu and Mercury which is close to total combustion or heading for total combustion. Indications are that market may not give own direction and impact of state elections can be observed during this week. Day may show positive moves, but doubt of suspicion, because share market itself has no proper strength and able to give direction.

Foreign cues or out of the market cues or news will be important for the week and specially for the day.

Infrastructure, power, cement, automobile and related segment will be showing some movements. Sugar, fertilizer, chemicals, cotton, petroleum and related segments may show some interesting moves.

I feel that Nifty may show movements in between 9025 and 8825

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.