Nifty Prediction : Range bound trade possible | Look for opportunities | Positive indications

Daily Forecast – Share Market – September 29th, 2017

Range bound trade possible | Look for opportunities | Positive indications

Venus with Mars, Mercury are leading the day, Moon and Sun are supporting. Indications are clear that announcements or acts from government and agencies will be playing important role for the day as well for coming period. It’s a long week-end, hence trade with care. It will be better to be watchful at the time of closing. Mercury is gaining strength, but is in the shadow of Sun – statements of opposition etc. which may influence the trade in coming period.

Market is providing opportunity at the lower levels. Trade may like to be in the range of 9660 to 9860 of Nifty levels. Hence, it will be better to be watchful.

Many segments are active, so, we may see movements in many segments as it was yesterday. Mid-caps and small caps may be showing movements. Even in large caps movement is possible (on either side).

Banks and financial institution may be playing important role and opportunities at the lower levels. Infrastructure and power with vehicles etc. may be doing better. Leaf products, sea linked segments may be comfortable on date.

Indian Currency

Indian Rupee may trade in between 65.10 to 65.90 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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