Daily Forecast – Share Market –June 27th, 2018

Range bound Possible | Nifty may try for 10800

Rahu, Ketu and Moon are leading the day with support of retrograde Saturn and Jupiter + Mercury. Mars has alsostarted transiting retrograde. Indications are that changes in management or partnerships or political setups may influence this market in coming period. Political ups and downs in various areas may reflect in the market in coming period. Impact of foreign issues will also be important in coming period. Even then Nifty may try for upper mark.

Possibility of some confusion in the trading pattern during the day. Or it will be better to say that range bound trading can be seen.

Banks are trying to recover. I will prefer to wait and watch for the next direction of the planets or better to say market. Three retrograde planets may give unpredictable results. When Rahu and Ketu with Moon are in lead, means a MAUSAM for confusion – leads to volatility. This period may also indicate – few decisions from government under pressure.

Actions in many segments can be seen in various moods and direction. Trade with care. Activity in crude, shipping, aviation and transport, IT, banks, FMCG, pharmaceuticals, dairy segments, leaf based products, financial institutions etc.

Trade with strict guards.

Indian Currency

Indian Rupee may trade in between 67.80 to 68.60 per USD.

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