Daily Forecast – Share Market – January 31st, 2018

Nifty may show Volatility | Pressure possible | Trade with care

Moon, Saturn are leading the day with support of Mercury, Ketu, Jupiter and Sun. We may see movements in many segments. But it will be better to play with care. Possibility of “HULCHAL” in different segments. This may be due to some confusion.

Even then some positive moves and movement can be seen in the market. Optic fibre related companies may be showing movements in coming period. I will look forward for communication instruments, hardware manufacturing, electronics and electrical with renewable energy-based segments.

Market may show some upper movements, but it will be a testing time at upper levels for a while. It will be better to look for the opportunity at lower levels, if available in coming period.

Mid-caps and small caps may be showing their moves.

I feel bit upper 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.