Daily Forecast – Share Market – August 28th, 2017

Nifty may look for 9900 Levels | Keep an eye on National/Geo-political moves

Ketu with Mars in lead with support of Mercury, Saturn and Jupiter. Indications are that action in positive direction possible. Even though political and religious situations may not be comfortable, which may influence market at any level. Nifty may try to look for 9900 levels, but possibility of some changes in the trend.

Judiciary/agencies have to play important role during the day.

Action in either of the direction can be seen in the segments of Vehicles, infrastructure, power, metals, automobile ancillaries, paint and so many other segments. Reason is great action in the house, due to Mars, Rahu, Sun and Mercury. This is also influencing share market, banks and financial institutions etc.

This action may show political ups and downs too. Petroleum and related segments may be active with shipping and sea related areas. Combust Mercury is coming out of the shadow of Sun, so may give movement in the market with some improved volume too (in either of direction). Possibly some fall in coming days.

Indian Currency

Indian Rupee may trade in between 63.60 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.