Daily Forecast – Share Market – August 2nd, 2018

Nifty may look for 11400 or so| Trade wisely

Saturn (retrograde), Sun and Mercury are leading the day with support of Jupiter, Moon and Ketu. Action in almost all the segments can be seen. Market is looking for new levels, although Mercury has moved towards combustion, but it may take few days to be total combust. Impact may be positive during this day and period. Today market may try to look for new levels.

Leather, textiles, pharmaceutical, health care, chemicals, carbon black, leaf-based products, dairy segment, IT and communication, transport, vehicles, cement, automobile tyres, banks and financial institutions, engineering, communication instruments, entertainment instruments, cotton, ready-made garments, sugar and agriculture produce etc.

I believe that market is looking for new levels in this week. Next week may have some issues.

Announcement from government/Judiciary or from agency may influence this market. Political conditions may also influence this market in coming period.

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.