Nifty Prediction : Market may show positive movements | Short term Gains expected
Daily Forecast – Share Market – April 12th, 2016
Market may show positive movements | Short term Gains expected
Venus, Mercury and Saturn are leading the day with support of Jupiter, Sun and Mars. Indications are that market may show some strength, may be bit cautious because of retro position of Saturn and Jupiter. Market may be looking for 7750 nifty level in coming days. Reason is that Banking and financial institutions with support of some better data from the government authorities.
Agriculture related segment inclusive of irrigation, fertilizer and seeds, sugar, infrastructure, vehicles, insurance, petroleum, IT, travels and tourism, communication and power with housing related like adhesives, paints etc. may be doing better.
Engineering, electrical and electronics may also be doing better with agriculture related vehicle and FMCG segments.
I am bit positive for the market for short-term basis, because in coming days Mars will start transiting retrograde from the evening of 17-04-2016.
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.
Categories: Share Market