Daily Forecast – Share Market – June 11th, 2018

Nifty may look for 10800 | Banks may be better in coming period

Mars, Jupiter and Moon are leading the day with support of Venus, Ketu and Saturn retrograde. Jupiter is also retrograde. Mercury has moved to own house of banks etc. will gain strength and try to protect banks and related segments.

Nifty may look for 10800. Banks and lower levels if available may better for coming period along with financial institutions, education and related segments.

Petroleum, and related segments may show some movements, with IT, communication. But impact of foreign issues can be seen in these segments. Judiciary, government agencies or government may be indicating or announcing something, which may give impact on the market in coming days and on banks etc.

Engineering, leather, textiles and fertilizer with sugar may remain active along with automobile tyres etc. Carbon black and leaf based segments may be showing their movements in coming period.

I feel lord of the share market and banks may try to give better position. Few planets may try to hold path. Like crude and petroleum etc.

Indian Currency

Indian Rupee may trade in between 66.80 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.