Daily Forecast – Share Market – January 12th, 2018

Nifty may look for 10700 | Foreign cues important | Trade safely

Jupiter with Sun, Ketu + Moon, Saturn and Mercury are leading the day. Crude, sea and related segment is highly activated. This may be due to Geo-political situation or some other reason. Waves like movements can be seen, globally, which may influence local market too.

Mercury is protecting/activating own house of bank and financial institutions. News from banks may be important for the coming period or within this running period.

Agriculture, engineering, textiles, paper, garments, cotton, power, automobile, banks, financial institutions and FMCG, leather, Pharmaceuticals and pesticides, bio-technology based segments, investigating laboratory, education and gems and related fields may be active during the period/day.

Exploration and related segments may be showing some movements. IT, communication, media, entertainment instruments, musical instruments, defence segment with logistics may remain positive.

Mood of the market may be positive, but Geo-political issues and local issues related to financial growth may remain important. Keep a track.

Indian Currency

Indian Rupee may trade in between 63.40 to 64.00 per USD.

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