Daily Forecast – Share Market – March 4th, 2016

Market is looking for 7500 Nifty points and Profit booking expected at any time

Mars and Venus are controlling the day with support of Sun, Mercury, Jupiter, Saturn and Rahu. Indications are that Market may show some positive moves and move towards 7500 Nifty points. I feel that market may show movements but at any stage Profit bookings are also expected. Mars is indicating that indications from foreign issues will also be important.

Engineering, Power, Metal related companies like Zinc etc. may be better with fertilizer, paper, gas, petroleum or companies involved in research related segments or laboratories etc.

Infrastructure etc. may be doing better with vehicles etc.

I feel market may be positive till 08-03-2016, in spite of profit bookings. 09-03-2016 onwards market may show pressure.

Indian Currency

Indian Rupee may trade in between 67.00 to 67.70 per USD.

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