Nifty Prediction : Volatility again Possible | Opportunities at lower levels

Daily Forecast – Share Market – June 28th, 2018

Volatility again Possible | Opportunities at lower levels

Rahu, Moon, Saturn and Ketu are in lead with Mercury. Around lunch hours Venus will also start showing impact. Initial period of working may be from the same pint where market has left. Indicates pressure or selling. Indian currency is also under pressure, crude is another reason for the market to react in coming period. Global cues and new reactions in political and global equations may also influence market in coming period.

Banks are reacting under news or anticipation; similarly, financial institutions may react. IT, logistics and transport (all surfaces) may react. Chances at lower levels can be seen in coming period. Volatility is indicated, at least till lunch hours. After that situation may give some controlling signs.

Segments related to rural areas may be much attractive in coming period.

Movements in either direction can be seen in almost all segments, alcohol, spirit, textiles, leather, dairy products, silk, cotton, fertilizer, sugar and related areas may be showing movements. It will be better to be watchful for automobile tyres.

Indian Currency

Indian Rupee may trade in between 68.10 to 69.00 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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