Nifty Prediction : Buying at lower levels possible | Watchful trade at upper levels possible

Daily Forecast – Share Market – June 26th, 2018

Buying at lower levels possible | Watchful trade at upper levels possible

Rahu, Moon and Mercury are leading the day with support of retrograde Saturn, retrograde Jupiter and Ketu. Mars is close to retrograde position and is on the curve for us. It seems that market may again try to show some volatility, ups and downs during the trading sessions. Mercury indicates that role of banks will be important during the day. Time to time market may try to recover from the lower levels. But Rahu may play game of deception. I will like to play game of wait and watch. –Direction of the trade is not yet decided. Tomorrow Mars will start transiting retrograde, so in the closing session, I will like to be watchful.

Look for the opportunities at lower levels. At upper levels, profit can be booked for a while.

Movements in banks, dairy products, agriculture related segments, IT, communication, leather, Pharmaceuticals with FMCG, Paper, communication instruments, silk, cotton, ready-made garments, still I will like to be careful with PSU banks.

Government policies, announcements from agencies, and Judiciary will be important in coming period. All may be influenced with retrograde planets. Lots of partnerships (political) may again influence market.

Indian Currency

Indian Rupee may trade in between 67.50 to 68.40 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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