Daily Forecast – Share Market – April 22nd, 2014

Slow, movements towards Positive | Profit Booking | Opportunities for buying at Lower level

Focus of market is based on Ketu, placed in the house of foreign lands, and market may be influenced by foreign trades and activities from foreign lands. Market may again show positive moves, but I feel can be cautious and watchful, so Nifty traders must be careful. It may move by 20-25 points, but Ketu can show some sudden/deceptive moves.

I feel, IT, Hotel, Textile, Vehicle related industries, Automobile tyres etc. may give positive moves. Banking may move positive but be careful. It will be better to move company wise and their strength, because market level is on its high levels so while investing be careful.

Agriculture produces; import-export etc. may be doing some better with Pharmaceuticals, electrical equipment’s manufacturer, and engineering products related industries may do some better.

Power and related segments may do some better.

Expiry is close so, be watchful and trade with care.

Trading with strict stop-loss is for your safety.

Indian Currency

Indian Rupee may trade in between 60.10 to 60.70 per USD.

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