Nifty Prediction : Nifty may trade 9610 to 9680 range | Sudden changes not surprising

Daily Forecast – Share Market – June – 23rd, 2017

Nifty may trade 9610 to 9680 range | Sudden changes not surprising

Mercury has coming out of shadow of Sun. Rahu is leading the day with Mars and supported by Moon, Mercury, Venus and Ketu. Rahu is always deceptive, as in the previous day it gave sudden changes. Mercury is ready to give gains to banks and financial sector, with share market too. At the same time Rahu may play deceptive role. Even though market had some pressure yesterday closing, day may try to gain some movement.

Banks and financial institutions may play positive role in coming days. I feel with some hiccups market may show positive moves during the day. I believe that trend of the trade is positive, deception or sudden changes are also possible

Banks, financial institutions, leaf based products, rubber, communication, IT, travels and tourism and other segments like cotton, pesticides and readymade garments, alcohol, spirit and related areas with Jewellery etc. Electrical and electronics will be better.

Cues from foreign lands and government announcement’s + related agencies will be important. Reason is Saturn retrograde which is fallen in previous house, hence any decision from Judiciary, government or any agency may back fire or may be revert.

Indian Currency

Indian Rupee may trade in between 64.30 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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