Nifty Prediction : Range bound trade possible | Opening with pressure | Trade wisely
Daily Forecast – Share Market – August 29th, 2017
Range bound trade possible | Opening with pressure | Trade wisely
Ketu with Mars and Saturn is leading the day, Mercury is supporting during the day. Indications are that possibly some slow start, but still movement in positive side can be seen. Since, influence of all the malefic planet is seen, hence possibly range of (+/-) 50 points in Nifty can be seen.
Engineering, fertilizer, sugar, leather, paper and electronics goods with electrical may be doing better. It will be better to say that agriculture and related segment may show some movements.
Overall planetary position is indicating that on date Banks and financial institutions, sports and educational institutions etc. may be doing better. Defence related segment, petroleum based goods, vehicles and automobile segment is also showing movements.
Over all position is positive. Even though market may show some pressure in the opening. May be profit booking. In coming days market may show some fall too.
Indian Rupee may trade in between 63.50 to 64.20 per USD.
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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
Categories: Share Market