Nifty Prediction : Trade wisely, as and when required book profit
Daily Forecast – Share Market – April 18th, 2016
Trade wisely, as and when required book profit
Venus, Sun and Mercury are leading the day with support of Saturn and Ketu. Lord of foreign lands is retrograde, indicating that influence from foreign lands will not be encouraging, which may try to drag market bit lower side. This may be due to consolidation or profit booking or issues related foreign lands.
Strength of local issues will support market or may give some satisfying news, which may give positive in the market. Market is looking for close to 8000 nifty points in coming days.
Infrastructure, power, Vehicles, automobile tyres and engineering etc. will be doing better. Keep away from weak companies. Companies announcements or government announcements etc. will be helping local business related segment.
It will be better to be watchful for the news coming from foreign lands, few companies may show sudden down due to such news.
Banks, financial institutions and insurance will be doing better with petroleum marketing companies. Transport and communication will be doing better.
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