Nifty Prediction : Nifty may trade between 10725 to 10800 | Banks better for coming period

Daily Forecast – Share Market – June 8th, 2018

Nifty may trade between 10725 to 10800 | Banks better for coming period

Moon is leading the day with of retrograde Jupiter, retrograde Saturn, with Mars and Ketu. Retrograde planets may give reversal movements from previous days position. That means, possibly today pressure on upper levels or at opening levels can be seen. Nifty may try to hold its position. Or I can say that after runup Market may look for formation of base for next 15 days cycle. Venus will be changing its house and after that Mercury will be moving to next sign.

Still mood is not negative.

Movements in IT, communication, electrical and electronics, engineering, foreign related issues, cotton, textiles, leather and health care and pharmaceuticals etc. Crude and related segments, shipping and sea related segments, insurance + silk etc. may remain active on either side.

News from government or agencies or judiciary may influence market in coming period.

Banks at lower levels may be better for coming period.

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.


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