Daily Forecast – Share Market – March 23rd, 2016

Lazy Positive movement expected| Ups and downs expected

Saturn is leading the day with Sun, and supported by Jupiter, Rahu, Saturn, Mercury and Venus. Lord of share market is very close to total combustion position which means that market is not in a position to give any direction to the market and local market will be close for next four days, so it will be better to be watchful during the day.

Mood of the market is still looking for 7575 nifty point level, but we may see volatility during the day. I believe in coming days this Mercury will give strength to its own house of share market. So, chances will be better for broking companies too.

Auto ancillary, Power, infrastructure, mines and petroleum related companies may show movements. IT, transport and communication will also be doing better.

Since, many planets are active so, movements may be seen in many segments.

It will be better to be on the safe side, before going for four days closing.

Indian Currency

Indian Rupee may trade in between 66.20 to 67.00 per USD.

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