Nifty Prediction : Nifty may try to look for 9800 | Volatility possible | Strict stop-loss

Daily Forecast – Share Market – August 22nd, 2017

Nifty may try to look for 9800 | Volatility possible | Strict stop-loss

Ketu with Mercury and Mars are leading the day with support of Venus and Jupiter. Indications are clear that market may show some buying from the lower levels. Nifty may try to look for 9800 levels. Volatility may be possible.

Activity in the house of infrastructure, power, Vehicle and political issues is very high. So, accordingly we may see activities in metals, infrastructure, power and automobile related segments. Banks may also show some activities (in either side) reason is that Mercury was influenced due to solar eclipse. Although, India had not faced eclipse, but planets are influenced. Trade with care.

Hotel, communication, media and related segments like transport etc. may be active, but may show some recovery too.

Trade with care. Range of 9820 to 9720 for Nifty is possible.

Indian Currency

Indian Rupee may trade in between 63.70 to 64.40 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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