Nifty Prediction : Market seems positive | Consolidation in coming period possible
Daily Forecast – Share Market – July – 27th, 2017
Market seems positive | Consolidation in coming period possible
Moon, Mars, Saturn and Ketu are leading the day with support of Mercury. Mars is totally combust, hence impact of foreign news may not be much, but disturbances can be possible from across the border. Market seems to be in positive touch and enjoy this 10000 mark.
Petroleum, crude, insurance, shipping and related segments are doing better. Impact of local political movements can also be seen in the local market. Preferably, market may enjoy this political movement.
I feel that many segments like Leaf based products and banks, insurance, financial institutions, some IT companies, (few banks may back fire), rubber and rubber based products, media, entertainment with communication will be enjoying the day.
Other segments like FMCG, garments, textiles, cotton, electrical and electronic will be supporting but it will be better to keep a watch if any sudden changes in the market is observed.
Indian Rupee may trade in between 64.10 to 64.70 per USD.
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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
Categories: Share Market