Nifty Prediction : Range bound trade | Nifty may trade in between 9600 to 9660

Daily Forecast – Share Market – June – 16th, 2017

Range bound trade | Nifty may trade in between 9600 to 9660

Mars with Ketu, Moon are leading the day with support of Rahu and Venus. Movement of the day may be like previous day. Share market is trying to move but due to impact of Ketu and Rahu, sudden changes or bit careful approach is seen in the market, resulting some consolidation or we can say that market is at one base and looking for the direction to move in coming days.

Mercury is heading close to the Sun; hence we may see that share market may be under shadow or pressure.

Leaf based products, dairy, agriculture produces and sugar with rice etc. may be in move with electrical and electronics, communication, IT, travels and tours etc. but in the second half we may see pressure on such segments.

Jewellery, gems, FMCG, and alcohol/spirit related segments can be better. Movement in rubber can be seen (either side).

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.

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