Daily Forecast – Share Market – May – 10th, 2017

Nifty may look for Upper levels | Trade with the wind

Ketu is in lead with Moon, Rahu, Venus, Mars and Saturn are supporting the day. Indicating lots of political drama or activities during the day, but for the market, day may indicate that Nifty may look for new levels – say 50 point more than the current level. Changes from the upper levels is also possible.

In the later part of the day we may see movements in petroleum segment too.

Many segments may be active – mid-caps and small caps may also show movements.

Leaf based, agriculture produces, sugar, textiles, garments, financial institutions, silk, electronic gadgets, power, reality and related segments like tiles and cements etc. paint and automobile tyres may be showing movements.

Nifty may try to look for 9375 levels. Trade with care at upper levels.

Indian Currency

Indian Rupee may trade in between 64.40 to 64.90 per USD.

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