Daily Forecast – Share Market – June 1st, 2018

Nifty may hold 10700 levels | Nifty may remain positive

Moon in lead with Venus and Jupiter + Saturn are controlling the day. Main and important planets Jupiter and Saturnare retrograde. Possibility of some profit bookings at upper levels, but other planets may try to control fall due to profit booking at upper levels. Nifty may try to hold levels, or it will be better to say that nifty/market may trade with positive mood.

Currency is important with crude. Mid-caps – trade with care.

IT, communication, banks, financial institutions, sea related segments, crude and petroleum, Pharmaceuticals or health sector, logistics, FMCG etc, may remain active.

Leather, shipping, automobile tyre, aviation – watch with care.

Geo-political and local political situation may give impact on the local trade in coming period.

Trade with care.

Indian Currency

Indian Rupee may trade in between 67.00 to 67.70 per USD.

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