Daily Forecast – Share Market – August 27th, 2018

Nifty Looking for upper levels | Ups and downs not surprising

Ketu is leading the day with Rahu, Moon, Sun, Mars, Mercury, Jupiter and Saturn (Rx). Mars is transiting at the slowest speed, because from the evening will start transiting direct. Only Venus is not very active otherwise all the planets are active, hence action during the day or movements in almost all segments can be seen. Nifty may further look for upper side. Rahu can give some volatility, but other planets may give steadiness to the trade.

Action in spirit, alcohol, wine and related segments, leaf based, banks, logistics, communication, some of IT, sports, education, financial institutions etc. with Textiles, agriculture, pharmaceuticals, engineering, defence linked, vehicles, automobile, tiles, cement, infrastructure, power etc.

It will be interesting to look for electrical and engineering goods, with copper in coming period.

Look for opportunities in good equities.

Indian Currency

Indian Rupee may trade in between 69.30 to 70.00 per USD.

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