Daily Forecast – Share Market – April 13th, 2016

Nifty level is further looking for improvement before Profit booking

Mercury, Venus and Saturn are leading the day with the support of Jupiter, Rahu and Sun. Overall situation indicated by the planetary position is comfortable, only worry is Rahu, which can give ups and downs at any movement or may give consolidation even in positive trend of the market.

News from the government agencies will give impact on the share market. Just keep one point in mind that market will be closed for next four days. Even though market shows upward trend, please keep a check during second half.

Sun will be moving in exalted sign and Mars will be retrograde when market will open in next trading session. Infrastructure, power, housing related segments, vehicles may be doing better.

Companies involved in import-export will change their trend from 17-04-2016 evening.

As I have mentioned earlier that market may be looking for 7775, today this level is expected or may like to go further before consolidation/profit booking.

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.