Nifty Prediction : Nifty seems better | Range bound trade

Daily Forecast – Share Market – July 27th, 2021

Nifty seems better | Possibly market preparing for next swing | Range bound trade

Saturn with Moon and Ketu are leading the day well supported by Mars, Jupiter and Rahu. Indications for the better day than previous working day. Nifty may show some better moves. Foreign cues may also be playing some important role. Result oriented period, companies are enjoying advantages for the same.

INR is also improving along with Crude levels, although prices of Petroleum and related products are on rise in our market. Indicating better period for Petroleum marketing companies. Ketu may help to improve market levels.

Pandemic negative impact is seen globally, including our nation. Keep a watch on FIIs.

I believe that on date, Pharmacy, textiles, communication instruments, supply chain based, e-commerce, IT, insurance (wait and watch), service industry, logistics, Pathology laboratory, research based segments, green energy, solvents, rubber, dairy based, leaf-based, communication instruments, electronic and electrical devices manufacturing, wi-fi based segments including OTT platform linked sectors, fast-food, Irrigation, agriculture, fertilizer, and many more may be looking for better moves. Keep a watch on defence related segments.

Pesticides, cotton, silk, and natural organic products based segments may be looking better in coming period. Cement and banks – look for opportunities.

Nifty may show positive movements.

Indian Currency

Indian Rupee may trade in between 73.90 to 74.70 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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