Nifty Prediction : Range bound trade possible | Market seems still positive

Daily Forecast – Share Market – June – 9th, 2017

Range bound trade possible | Market seems still positive

Ketu in lead with Moon and Mars, whereas Mercury and Rahu are supporting. Jupiter is at the slowest speed, because will start transiting direct after evening hours (IST). Saturn will fall in previous house and sign on 20-06-2016.

Indications are that market may show some pressure or low movements, that’s why probably nifty may not show high movements on either side.

It’s a time to trade with care. Trading may be within range of (+/-) 0.4%

Movements in many segments can be seen, but it will be better to trade with care in infrastructure, power and related segments. Segments like real-estate may also show some careful moves. Communication and logistics etc. may be doing some better in the coming week.

Indian Currency

Indian Rupee may trade in between 64.20 to 64.80 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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