Daily Forecast – Share Market – May 14th, 2018

Nifty may hold 10800 | Looking for betterment

Sun with Ketu and Venus are leading the day with support of Saturn, Jupiter, Moon and Mars. Two important planets are indicating that market may show some wobble. Other planets indicate that even though confusions in the market may be seen, but base of the market is looking for strength and forward movements.

Around lunch hours, market may be showing strength, government many be indicating some moves, which may be showing movements in coming period.

Nifty may try to hold 10800 levels and move ahead.

Infrastructure, power, vehicles, automobile and related segments may be showing their moves in coming period. Dairy, IT, communication, e-trade, crude and petroleum are important areas which may influence market in coming period. Textiles, cotton, communication instruments, electrical and electronic products and international issues will be important (keep a watch).

Political impact on the market may be seen in coming period. Otherwise market is looking for further levels.

Indian Currency

Indian Rupee may trade in between 66.80 to 67.50 per USD.

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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.