Nifty Prediction : Opening may be under pressure | Waves like situation possible

Daily Forecast – Share Market – September 6th, 2017

Opening may be under pressure | Waves like situation possible

Ketu, Mars and Mercury are leading the day with support of Rahu and Venus. Mercury is now transiting direct, with slow speed and trying to gain its speed. But combination of Rahu and Ketu, may give ups and downs in the market. Pressure at the upper level is possible at any point of time, at least before lunch hours. That means, possibly market may open with negative touch.

Heavy movement is indicating in the house of political issues, which may be influencing the trade too. Power, Infrastructure, Vehicles, Banks and financial institutions, with IT, communication, media and related segments like cement, paint and automobile ancillary industry etc. may be heavily influencing the trade.

Mid-caps and small caps may show movements. Petroleum based products may show their movements after lunch hours or in coming period.

Trade with care. Possibly today nifty may show pressure. But ups and downs possible.

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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