Daily Forecast – Share Market – July 2nd, 2018

(+/-) 50 Point Nifty | Volatility / sudden movements possible

Rahu, Saturn retrograde and Moon are leading the day with support of Mars, Ketu and Mercury. Nifty in previous trading sessions had indicated that trade in between 10750 to 10625 may the range for a while. Reason is three planets are retrograde and out of that two are strongly active with Rahu and Ketu. That’s why market is giving movements in between 10800 to 10600 or so. Still movements are expected likewise.

Movements in crude, shipping, engineering, leather, textiles, liquor, spirit, alcohol, sugar, pharmaceuticals, banks with cotton, communication instruments, IT, communication and entertainment, trades related to foreign etc. may be giving movements in either side to the trading session. Previous session, direction was for upper movements.

Currency, crude and government decisions in coming period will be vital for the trend for few days.

I will like to trade with a range of +/- 50 points of nifty.

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.