Daily Forecast – Share Market – August – 23rd, 2017

Nifty may look for 9800 | Enjoy with the waves

Ketu is leading with debilitated Mars and Mercury retrograde, well supported by Venus and Jupiter. Ketu is clearly indicating for positive movements. Nifty may again look for 9800 levels. Market is trying to regain its position, but changes in planetary position is raising alarm in various field.

Banks and financial institutions with insurance and possibly petroleum based products may be showing movements. Area of reality, infrastructure, power, metals and automobile is highly active. These segments may give mixed results. So, trade with the wind in these sectors for a while.

Electrical and electronics may be doing better. Defence and related activities may be high and related segments may be doing better. It will be better to look for travels and tourism, soil related segments etc. Storage tanks or products may be better. Garments, silk, instruments related to entertainment and communication will be better.

Trade with care because of coming up changes in planetary movements.

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.