Daily Forecast – Share Market – August – 24th, 2017

Nifty may look for 9875 | Mood is better | Long weekend holiday ahead

Ketu with Mars and Mercury is leading the day, with support of Saturn and Sun. Saturn is transiting at the slowest speed for us. I feel due to other planets, market is still feeling to move ahead and may look for 9875 or so. It will be better to trade with caution guard ie. Strict stop-loss.

Leather, fertilizer, petroleum and related segments, vehicle, automobile and tyres with batteries may be doing better. It will be better to look for IT for trading purpose. Communication, electronics and power, with shipping, sea related, banks and financial institutions etc. may be better.

Media, hotel and tourism may be better. Garments, textiles, silk and communication instruments etc. may also be better. Bio-based segments may be comfortable.

Ups and downs are also possible.

Trade with keeping in mind that it will be a long holiday. Last working day for the week. Judiciary or agencies may be further active after Monday.

Indian Currency

Indian Rupee may trade in between 63.70 to 64.30 per USD.

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