Daily Forecast – Share Market – February 2nd, 2018

Market may be under pressure | Look for opportunity at lower levels

Ketu and Moon are leading the day with support of Mars, Saturn, Sun, Mercury and Jupiter. Bit confusion can be seen. But it’s a time to settle for strategies for the coming period, with new segments. Market will be showing movements in new ranges for new segments.

Possibly, for index players, some lean period, but market may show movements in mid-caps and small caps. Better to look for new opportunities in various segments. Health care, biochemistry related segments etc.

After some ups and downs possible on upper levels. It’s a time to take proper care for coming period. As and when required book profit.

Look for the lower levels.

Many segments may be seen, as active. Communication related new areas may be showing their impact.

Nifty may show +/-50 point movement. Movement in either side for many segment 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.