Daily Forecast – Share Market – May 15th, 2017

Nifty may look for 9450 | Trade related to foreign may give impact

Ketu, Moon are leading the day with support of Venus, Saturn, Mars and Sun. After consolidation, this market may try to show further up movements. I feel that Nifty may be in the range of 9325 to 9475 during this week. Ketu is supporting this market.

Six planets out of nine planets are active during the day. So, maximum equities will be showing movements.

Cement, infrastructure, power, Vehicle, Petroleum products, crude, insurance, financial institutions etc., may be showing movements during the day. I feel that this movement may show some positive moves during the day.

Leaf, dairy, silk, textiles and Jewellery related segments with IT, communication, transport and logistics etc. can give better moves. Electrical and electronics etc. with non-traditional segments can be comfortable. Leather with defence and import-export related can be decent. Sugar and Agriculture produces are looking comfortable.

Indian Currency

Indian Rupee may trade in between 64.00 to 64.60 per USD.

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