Daily Forecast – Share Market – July 9th, 2018

Nifty may look for 10800 | Trade with guards

Moon and Ketu are leading the day with support of Saturn retrograde, Rahu, Sun, Mercury and Jupiter (which is very slow on date, close to change its direction of movements for us). Indications are that market may look for some stable movements and may look to 10800 of Nifty. Movements in various segments can be seen during the day, possibly including mid-caps too.

Infrastructure, automobile and related segments, but better to keep watch on Tata motors, automobile tyres, paints, banks and financial institutions, some confusion is possible in banking sector. From today night onwards, we may see some movements in crude oil.

Communication, IT, media and entertainment with logistics may be looking for some movements. Global trade situation and business situation may be alarming or may give sudden jerk in coming period.

Alcohol, textiles, silk, cotton, ready made garments, instruments related communication and entertainments etc. may be looking for movements.

Indian Currency

Indian Rupee may trade in between 68.00 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.