Daily Forecast – Share Market – April 3rd, 2014

Market May try to touch 6800 Nifty points

Rahu, Saturn, Mars are clearly indicating that impact of upcoming elections + foreign related issues are giving positive impact on this market. We may see profit bookings in certain financial institutions – could not get banking licence.

Industries related to Leather, Pharmaceuticals, Power, electrical equipment manufacturing, shoe manufacturers; import-export related industries may be doing well.

Chemicals, alcohol, sugar related, automobile industries such as vehicle manufacturers, automobile tyres may be doing well, with Paper related industries.

Industries related to Medical equipment manufacturing companies, communications, cement, transport etc. with may be IT will be doing better.

I think market may try to touch 6800 Nifty points, maybe at the time of opening of market. Although Market is positive, but can show any moment some consolidation or profit bookings so always be prepared.

Trading with strict stop-loss is for your safety.

Indian Currency

Indian Rupee may trade in between 59.60 to 60.50 per USD.

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