Daily Forecast – Share Market – March 31st, 2016

Opening may be for 7750 nifty point level

Mercury is leading the day with support of Saturn, Sun may get further strength after 13:23 Hrs (IST). Mercury lord of share market for India, is transiting in Neech (debilitated sign) sign, giving strength to own house of share market. As I mentioned on 28-03-2016, that market may give indications for 7750 nifty point level, today may try to touch this level.

Defence, petroleum-based segment may be doing better with Pharmaceuticals, vehicles and allied segment etc. may be doing better. It will be better to look for metal etc. (Iron/steel/or others). Insurance and financial institutions may also be doing better.

Ketu is indicating some ups and downs are also expected.

Chemicals, fertilizers, sports, electrical/engineering related and it will be better to look for agriculture related segments.

News from government and judiciary may be important for the day.

Indian Currency

Indian Rupee may trade in between 65.60 to 66.40 per USD.

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