Nifty Prediction : Range bound trade possible | Range may remain 10740 to 10850

Daily Forecast – Share Market – March 1st, 2018

Range bound trade possible | Range may remain 10740 to 10850

Venus and Sun are in lead with support of Rahu, Saturn, Jupiter and Mercury. Mercury is slowing down its speed, for changing its movements from 05-03-2019 night. So, this may give impact on the market accordingly. Market may show some strength, reason is lord of the horoscope is strong. Possibly this may be impact of bit of bordering issues. Anyways, lord of share market may not support for big movements during the day. But Rahu and other planets may give some movements on either side. So, it will be better to look forward for range bound trade – in the possible range of 10740 to 10850. possibility of selling by the end of the day or pressure in the second half of the day or change in trend is likely after lunch hours.

Situation may be bit positive, because of neighboring issues.

INR may show some strength during the day.

Movements in many segments like previous day can be seen. It’s a time to use for better companies and get rid of weak companies.

Sugar, leather, textiles, chemicals, solvents, Petroleum segments, automobile and automobile tyres may show movements with banks, financial institutions, shipping related segments, infrastructure related segments, reality and related segments may show movements. Jewellery, Jewels and related segments, FMCG, Pharmaceuticals and research segments may be looking for movements.

Sudden change is possible.

Indian Currency

Indian Rupee may trade in between 70.20 to 71.20 per USD.

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

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