Nifty Prediction : Nifty may show recovery from lower levels | May look for 9850 levels

Daily Forecast – Share Market – August – 30th, 2017

Nifty may show recovery from lower levels | May look for 9850 levels

Ketu in lead with Mars and Mercury, whereas Saturn is supporting during the day. Indications are that market may look for regain its position from the lower levels. Importantly Mercury has crossed Sun and heading for direct transit in coming week, which may give a dip in the market. If Nifty reaches to 9700 levels in coming week/coming days, will not surprise me. Even though possibly, nifty may try to regain its position and look for 9850 levels or so.

Communication related instruments, electrical and electronic goods, naval communication instruments and storage related segments may be doing better with engineering, banks and financial institutions, leather, FMCG, agriculture produces and sugar etc. may be doing better for a while.

Automobile tyres – trade with stop loss. Education and sports related segment may also be better. I will like to look forward for petro-based products and shipping or sea related areas for the coming days at lower levels.

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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