Daily Forecast – Share Market – April 10th, 2014

Market may try to consolidate for a while

Mars, Rahu and Mercury are important for the day, and Saturn and Jupiter cannot be ignored, so I feel, as importance of slow planets cannot be ignored so market may also behave bit lazy.

I cannot ignore importance of IT, Communication, aviation one can buy at lower levels or selected levels.

Engineering, Electrical goods, Infrastructure is also comfortable. Market may try to touch Nifty 6800 level and may be because of stop loss fixed by traders; market may slide or consolidate for a while.

Opening may also be with consolidation or lower side, but mood of the market may be for consolidation or go by wait and watch basis. It will be wise to prefer for cautious way of trading.

Pharmaceuticals, fertilizer, sugar may be better.

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.