Daily Forecast – Share Market – May 30th, 2018

Pressure possible, Nifty may breach 10600 levels | Sudden change is possible

Moon in lead with support of Sun, Mercury, Rahu, Venus, Saturn (Rx) and Jupiter (Rx). I agree that seven planets are active, but due to impact of Rahu, and two important retrograde planets in transit may be giving different impact. Nifty may breach 10575, but wobbling planets may give sudden changes in the trend of the trade and may show volatility or upward movements. But pressure in the trade is possible.

Leaf based, drugs based and health care, vehicles and automobile, automobile ancillaries, tyres etc. may be showing better movements. Cotton, alcohol, copper, sugar and logistics may be showing movements.

Mid-caps and small caps may be showing movements.

Currency and crude are important for the trade. Banks may be showing better movements after 12-15 days.

Indian Currency

Indian Rupee may trade in between 67.40 to 68.10 per USD.

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