Daily Forecast – Share Market – July 12th, 2018

Nifty may try to hold base | Ups and downs possible

Rahu, Ketu and Moon are in lead with support of Mercury, Jupiter and retrograde Saturn. Combination of Rahu and Ketu are indicating some ups and downs expected with support of Saturn retrograde. This may be news from government or its agencies or judiciary or in anticipation of such activities. Mercury and Jupiter may try to give some support to the trade during the day.

Indications are that market is ready to see volatility again during the day. Nifty may try to hold base, but volatility during the trading session will not be surprising.

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.

I am always watchful when Rahu-Ketu are active with same influence. It will be better to be watchful while adding news equities in your portfolio, because Lunar eclipse is ahead after fortnight.

Indian Currency

Indian Rupee may trade in between 68.40 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.