Daily Forecast – Share Market – May 24th, 2018

Nifty may trade range within 11625 to 11750 | Volatility possible

Venus and Moon are leading the day, well supported by Sun, Mercury, Jupiter and Rahu. Political uncertainty is clear, but impact of Geopolitical issue is important, along with the individual performance of companies. Planets are supporting the market, only concern is Rahu and retrograde Jupiter are indicating some issues or Volatility.

This period may give an opportunity to look forward at lower levels, but it will be better to go with company wise. Intra-day may again give some Volatility. But from the coming period after a week, market may give some better results.

Action can be seen in Infrastructure, power, automobile, IT, communication, media, entertainment, logistics, leaf-based segments, coffee, rubber, solvents, petroleum, Jewellery, currency, banks and financial institutions, alcohol, spirit, electronic products etc.

It will be better to keep a watch for FMCG and agriculture related segments and sugar.

Nifty may trade within the range of 11625 to 11750

Indian Currency

Indian Rupee may trade in between 69.20 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.