Nifty Prediction : Market looking to form base | Trade may be range bound

Daily Forecast – Share Market –July 4th, 2018

Market looking to form base | Trade may be range bound

Rahu, Saturn and Moon are leading the day, with support of Jupiter, Ketu and Mercury. Saturn and Jupiter are retrograde. Jupiter has started slowing down its speed for us, because is heading for direct transit in coming period. Market may try to hold its base and movement may be shaky but looking to form its base.

Health care, textiles, sugar, fertilizer or agriculture related segments may be interesting, with banks, financial institutions, communication instruments, musical instruments, cotton, silk, wine and related segments like spirit etc.

Petroleum and related segments, automobile related segments like batteries etc. may be showing movements. It will be better to be watchful for mid-caps and automobile tyres etc. Or it will be better to say that to look opportunities at lower levels.

Nifty may be in range bound trade. Possibly within 50 points or so.

Indian Currency

Indian Rupee may trade in between 68.00 to 68.70 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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