Daily Forecast – Share Market – July 26th, 2018

Wobbling in market not surprising | Nifty may look for 11175

Venus, Saturn (retrograde) and Moon are leading the day with support of Mercury, Rahu and Ketu. Mercury will start transiting retrograde at 10:33 Hrs (IST). At the opening of market will be at the minimal speed for us. Hence, three planets will be transiting retrograde, indicating that market may be behaving with wobbling and we may see many reversal movement during these period. Mood of the market on date may be on the upper side, but reversal movements can be seen during the period. It will be better to note down the value of Nifty and Sensex at 10:30 Hrs (IST), which can be seen within 3 weeks.

Banks and financial institutions may show wobbling during the day. Movements may be close to previous day. It will be better to wait for the long term investment.

Movement can be seen in cosmetics, FMCG, eatable products, banks, financial institution, IT, communication, communication instruments, alcohol, spirit, wine and related segments, petroleum and defence related issues, judiciary or government agencies may give some decision, which may affect market.

Trade with care. Book profit as and when required. Major impact can be seen in coming week.

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.