Daily Forecast – Share Market – April 1st, 2016

Market may see consolidation | Trade watchfully

Mercury, Venus and Jupiter are leading the day with the support of Saturn and Sun. Jupiter and Saturn are transiting retrograde, whereas Mercury is in debilitated sign, and Venus is exalted. Both are giving strength to the share market, but Jupiter and Saturn are trending bit tough.

Mars is indicating that cues from foreign market will be slowing down. Position of government may improve, which may give impact on the share market, expectation from official authorities will increase hope of the market. Which may give hopes for banks etc.

Power, infrastructure, insurance, petroleum and gas will also be giving impact on Fertilizer, automobile tyres and related segments.

I feel market may be slow, profit booking and consolidation is expected. It will be better to trade wisely.

Indian Currency

Indian Rupee may trade in between 65.70 to 66.70 per USD.

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