Daily Forecast – Share Market – February 1st, 2018

Nifty may look for 10900 | Ups and downs Possible | Trade with wind

Mercury, Ketu and Moon are in lead with support of Venus, Sun and Jupiter. Mercury has come out of total combustion. Still, impact is seen on Mercury, but may start giving results little bit better. Market will be influenced with the ITERIM Budget and its speech. So, time to time Ups and downs in various segments can be seen. Opening of Nifty may remain positive and probably day may see Positive opening, with Volatility. I feel, that my observations may be influenced with Budget than Planets 🙂

Banks, financial institution, insurance, Dairy products, cotton, electronic instruments for communication and entertainment, Infrastructure, Realty, Power, Vehicles and related segments, especially electric based vehicles, farmers related vehicles, Petroleum and related segments may be affected, common man related issues may influence this market.

Little bit of pressure can be seen during the day also. Still, Market will be cautious due to election year not going for much long positions.

Political results or movements are not allowing this market to look further strong.

Indian Currency

Indian Rupee may trade in between 70.60 to 71.60 per USD.

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