Daily Forecast – Share Market – August 17th, 2018

Nifty may try to regain position | Volatility possible

Ketu, Moon are leading the day with support of Rahu, Sun, Mercury, Jupiter and Saturn. Indications are that possibility of Volatility can be seen during the day. Mercury is close to slow speed and will be transiting direct on the next working day. So, lower side of the trade will be better for the coming period.

Petroleum, wine, alcohol, spirit, logistics, petroleum, research related, insurance, vehicles, automobile ancillaries, cement, tiles, paints, batteries, lubricants and rubber based products may be start showing some sign for the coming period, if available, then look for lower levels.

Banks, automobile tyres, FMCG, leather, engineering products – if available or look for lower levels. Instruments related to Communication will also be doing better in coming period.

Wave like movement will not be surprising.

Indian Currency

Indian Rupee may trade in between 68.40 to 69.30 per USD.

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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.