Daily Forecast – Share Market – March 8th, 2019

Nifty may try to hold 110025 | Opportunities at consumption base segment

Jupiter, Venus and Saturn are leading the day with support of Venus, Mercury (retrograde) and Moon. Mercury will move in the shadow of Sun, but still far away. Little bit of Profit booking on Banks and financial institutions can be seen. Nifty may try to hold 110025, after all lord of the share market is trying to hold its own house.

Movements in leather, textiles, sugar or related areas, petroleum, crude oil, IT, communication, entertainment, logistics, automobile, metals, cement, infrastructure, realty, Natural gas, etc. may show some movements with Jewellery, Jewels, agriculture related segments, automobile related agriculture, chemical solvents, research-based segments etc.

Power and related areas may show movements.

Global cues are not favourable. Local political situation is bit different. Look for opportunities at lower levels.

Indian Currency

Indian Rupee may trade in between 69.60 to 70.60 per USD.

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