Daily Forecast – Share Market – January 25th, 2018

Nifty may look for 11100 level | Stop loss on either side Important

Moon with Venus in lead, well supported by Ketu, Saturn Mercury and Jupiter. Last day for the long weekend. I always feel that on such weekends, it will be better to be on the safe side. Because foreign cues as well local political cues can play some tricky games. So, even mood of the market seems to be positive, better to be safe player (for normal trader) but hardcore can take their own decisions.

Engineering, leather, paper, Pharmaceuticals, medical services, leaf-based products, dairy, IT, communication, travels and tours with logistics, transport, insurance, banks, financial institutions will be giving their contribution for the movement of market.

Textiles, cotton, FMCG, Paper, education, Publication and media may be looking for movements.

Gems, silk, bio-chem based, pesticides etc. may be looking for movements. Sugar and related products looks positive.

Nifty may look for new levels, but caution button is important. Trade with the wind.

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.