Nifty Prediction : (+/-) 0.4% Nifty movement possible | Enjoy with the wind

Daily Forecast – Share Market – May 16th, 2017

(+/-) 0.4% Nifty movement possible | Enjoy with the wind

Ketu, Moon and Sun will lead the day with support of Mercury and Mars. Day may show movements may be looking for some movements. Indications may be for 0.4% (-/+), but chances for positivity are better.

Petro based products may show movements along with insurance and financial institutions may be better. It will be better to look for media, communication, logistics and entertainment. Vehicles, batteries, automobile ancillary, cement, reality and infrastructure with power including non-traditional.

Movements can be seen on either side, even though it seems positive for the day. Any time market may look for new levels in coming days. Government is in a better position; hence situation is better. I agree that Judiciary is not giving any concrete decision or some government machinery may give some ruling which may influence market in coming days.

Indian Currency

Indian Rupee may trade in between 63.80 to 64.50 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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