Daily Forecast – Share Market – January 3rd, 2018

Nifty may Look for 10500 | Hiccups possible | Trade with stop-loss

Mercury, Jupiter with Venus (combust) are leading the day, well supported by Ketu, Saturn and Moon. Venus is heading for total combustion, whereas Saturn is also in the shadow. I feel that due to positive mood even in previous two day’s movements, Nifty may be trying to recover. Hence, may look for 10500 level. But this does not mean that possibility of ups and downs is over. I am watchful due to combust Venus and Saturn, any time I will like to be careful during the week.

Banks, financial institutions, petroleum, gas, Textiles, paper, agriculture related segments (produces too), inclusive of farming vehicle related segments, IT, communication, communication instruments, musical instruments, electronics gadgets, defence related segments may be doing better.

Many segments may be doing better or trying to pick up from the previous positions. Possibly next week, banks may play further better, with hiccups.

I feel that Transport, travels and tourism etc. dairy products and FMCG, garments and silk may be doing better.

Trade with care. Looking for Long term, look for company’s profile. Avoid segment but company’s profile will be good.

Indian Currency

Indian Rupee may trade in between 63.25 to 64.00 per USD.

Please like my Facebook page @ https://www.facebook.com/AnoopAstroSutra.

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