Daily Forecast – Share Market – September – 21st, 2017

Nifty may try to hold 10100 | Pressure is possible | Trade with care

Mercury, Mars and Venus are controlling the day with support of Moon, Sun and Ketu. Various moods of planets are indicting mixed day again. Possibility of under pressure opening. Market is trying to hold its ground. Many shares or segment will be active in either side.

Many segments are active but can be on negative or either side. Pressure possible. Banks may be giving an opportunity to buy at lower levels. Keep an eye on Geo-political and national scenario.

Action (either side – less or more) is possible in IT, communication, travels and tours, media and neighbouring activities. Political issues/decisions are also giving direct or indirect impact on the market. Head of the government may show some action – which may give impact on the trade/business in coming days.

Banks will be playing important role during the period of one month approx. Next week Mercury will be moving to its own sign and house of share market, indicating that situation for the trade will be better.

Leaf based, Rubber based and dairy products may show some movements with support of Jewellery, FMCG, news related to defence segment will be important. Electrical and electronics will be in action with engineering etc.

Nifty may try to hold 10100 levels.

Indian Currency

Indian Rupee may trade in between 63.90 to 64.50 per USD.

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