Daily Forecast – Share Market – May 28th, 2018

Nifty trying to form base | Trade in Range of +/- 50 Points of Nifty

Moon leads the day with Jupiter, and well supported by Saturn, Rahu and Venus. I feel that pressure on upper levels possible, but movements in various segments may help to hold the base of the market. Planetary position indicates some ups and downs, possibility of reversal moves in either of the direction. Crude will be playing its role in coming period.

Announcements from government side may influence market in coming period.

Impact on Sugar, agriculture related, water related, IT, travels and tours, transport, leaf based segments, FMCG, gold, breweries, alcohol, leather, automobile and related segments may be showing movements.

Nifty may trade in range bound area and trade in between 10670 to 10570. Nifty is trying to hold its position.

Trade with proper guards.

Indian Currency

Indian Rupee may trade in between 67.40 to 68.20 per USD.

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