Nifty Prediction : Possibly some pressure | Volatility expected | Negative News possible

Daily Forecast – Share Market – February 28th, 2018

Possibly some pressure | Volatility expected | Negative News possible

Jupiter and Mercury, supported by Moon, Ketu and Rahu. Mercury with Jupiter are controlling the day with support of other planets. Indications are clear that issues related public may also be complicated for government, possibly because of crude and related segments. Banks and financial institutions may be trying to rebuild their base again. Possibly few banks may be lacking behind due to obvious reasons.

Petroleum, insurance and financial institutions with IT, communication, Travels and tours, logistics, metals, dairy, leaf-based products, entertainment, communication instruments, Vehicle, infrastructure, power, renewable energy, biotechnology-based segments, research related segments, drugs and chemical related segments may be doing better.

Entertainment, education, sports related segments may be interesting in coming days. I will like to look for opportunity. Exchange related equities may remain active in coming period. It will be better to keep a watch at lower levels.

Ketu will try to support the market, but due some other reasons, possibility of waves or Volatility. Hence, move with stop-loss.

Indian Currency

Indian Rupee may trade in between 64.30 to 65.10 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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