Nifty Prediction : Mood is positive | Volatility possible | Possible Ups and down for (+/-) 40 point for Nifty

Daily Forecast – Share Market – January 17th, 2018

Mood is positive | Volatility possible | Possible Ups and down for (+/-) 40 point for Nifty

Sun with Jupiter are leading the day with support of Ketu, Moon, Venus and Mercury. Mood may be still positive but ups and downs due to consolidation mood can be observed. Overall six planets are active, hence more than 70 % segments / equities may remain active in either side. May be less or more movements.

Planetary movement wise day may show positive moves, but New Moon with Ketu may give some sudden ups and downs during the day. Which may give positive movements with some profit bookings at upper levels. Market seems to be cautious till the end of the month in either side movements.

Infrastructure, power, cement, paint, automobile, and related segments like automobile tyres etc. Petroleum and crude may be pressurising for a change in the trend of the trade. IT, communication, media, travels and tourism, logistics, dairy products and leaf based products may be bit better, Banks and financial, educational institution with cotton, garment and FMCG may be showing their movement.

Mix movement is possible.

Indian Currency

Indian Rupee may trade in between 63.40 to 64.20 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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