Daily Forecast – Share Market – July – 17th, 2017

Nifty Looking for New highs | Tiredness can be seen

Jupiter is leading this day with Moon and Mercury, well supported by Ketu and Mars. I believe that market is behaving with positive mood. Nifty is looking to cross 9900 level mark and may try to hold this position. Further may try to enjoy new levels or achieve new levels in the share market.

It will be better to trade with cautious moves, it’s a last day of the week. Geo political situations may be important in coming week or period. It’s fact that market has moved so fast within short span.

I feel that movements in insurance, petroleum, communication, defence, import-export, and foreign news will be seen. FMCG, Dairy, cotton, silk, bacteria linked products and pesticides etc. may be showing movements.

Overall many segments will be active, few segments or equities may show profit bookings or tiredness.

It will be better to enjoy the day with lazy movements in the market.

Indian Currency

Indian Rupee may trade in between 64.25 to 65.80 per USD.

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