Daily Forecast – Share Market – July – 5th, 2017

Range bound trade expected | Nifty may hold 9600

Saturn is leading the day, with support of all the planets only Venus is not active. Saturn is a fallen planet and still retrograde, hence Judiciary and government machinery may have to reverse some decisions. Which may affect the market on either side.

Defence related segment will be more important, with all other segments which are active. Movement in the market will be seen. Rahu and Ketu are always for ups and downs. Global issues are also important but are in the shadow of local issues to guide the market.

I will like to move with better equities. Many segments will be showing movements; hence it is not justified to pinpoint segments.

Nifty is trying to form its base, even yesterday tried to hold its base of 9600 of Nifty level. At present nifty may try to be in range bound trade and then decide for the direction.

Indian Currency

Indian Rupee may trade in between 64.50 to 65.00 per USD.

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