Daily Forecast – Share Market – January 18th, 2018

Nifty may look for new Levels Anytime Mix trade possible

Moon, Sun and Jupiter are leading the day with support of Ketu, Mercury and Venus. Moon is transiting in between Sun and Ketu. Hence may give some positive impacts on day but this may be an indication that from the coming period market may show profit booking. Lunar eclipse is on 31-01-2018, so we may see some profit bookings prior to this event.

Mercury is holding own house of banks and finances, that’s why market is showing positive movements, but due to judiciary and political movements, market is not gaining its pace. Which may give some impact on the trade.

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.

Mix period. Movements for mid-caps and small caps can be seen.

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.