Daily Forecast – Share Market – August 8th, 2017

Nifty may look for 10100 in coming period | Hic-ups possible

Mercury and Mars are leading with Rahu, Ketu and Venus. Indications are that market may try to move ahead and look for 10100 levels and in coming days may move ahead for new levels. Rahu and Ketu combination may try to build some ups and downs, but strength of the lord of share market may give positivity to the market.

IT, communication, leather based products, defence and electrical and electronic, automobile components and others related segments may show some movements. Logistics, FMCG, travels and tourism etc. may be better.

Keep a watch on metals etc.

It’s a time to look for the opportunities. Buy at lower levels and in coming days chances of profit booking may also develop.

Nifty may try to look for new levels in coming days.

Indian Currency

Indian Rupee may trade in between 63.40 to 64.10 per USD.

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