Daily Forecast – Share Market – July 30th, 2018

Profit booking on Upper levels not surprising | Trade wisely

Saturn retrograde, Rahu and Sun are in lead with support of Ketu, Moon and Mercury (retrograde). Three planets are retrograde, indications are clear that market may show sudden wobbling, possibly slide or profit booking from upper levels. Nifty may try to look for upper levels but chances of shakiness on upper levels.

Movements in commercial vehicles, vehicles, paint, infrastructure, power, defence, petroleum, crude, IT, e-commerce, communication, communication instruments, music instruments, leather, textiles, banks and financial institutions etc. These segments may be influenced during the day on either side.

Health care, Pharmaceuticals, textiles, agriculture produce, sugar and related segments may also be showing movements.

Nifty may be within 100 points on upper side and 200 points on lower side. It will be better to look for better equities and trade in Nifty with care. Check before investing, because many equities may be available on higher rates.

Indian Currency

Indian Rupee may trade in between 68.20 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.