Daily Forecast – Share Market –August 1st, 2018

Nifty may look for 11400 | (+/-) of 0.75% possible

Saturn (R) and Sun are in leading position with Jupiter, Mercury (R), Rahu, Ketu and Moon. Situation may be like previous day, hence movement can be seen, movements may like to change their position after mid-day. I feel market may look for new levels again and in coming period profit booking or correction can be seen on upper levels.

Three retrograde planets are able of giving any direction, particularly with Rahu and Ketu.

Movements in Banks, financial institution, engineering, petroleum and gas related segments, cement, vehicles, automobile tyres, with wine, spirit, alcohol, sugar and related segments with textiles and silk, cotton, entertainment instruments/communication instruments etc.

Seven planets are active, indications are that movements may be seen in almost all the segments. It will be better to wait for long term buying, opportunity to buy for long term may come. Immediate gains possible. Because movements on either side can be seen in coming period.

Proper correction is due from long time.

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.