Daily Forecast – Share Market – April 21st, 2016

Nifty is trying to form upper level of 8000 Nifty point level

Mercury and Sun are leading the day with the support of Saturn, Mars, Jupiter, Venus and Ketu. Indications are that again movements in maximum segments can be seen with positive touch.

Defence, vehicles, Vehicles ancillary units, petroleum/crude will also show movements. Sugar, agriculture related all segments like irrigation etc. can be decent. Jupiter is supporting crude, insurance, petroleum and oil exploration can be doing better with chemicals etc.

Engineering, power, non-traditional energy will also be doing better. Textiles, paper and silk can be doing some better.

Again only point of concern is Ketu, which can change direction of market suddenly. Otherwise market is trying to form upper limit of 8000 Nifty point level.

Indian Currency

Indian Rupee may trade in between 66.00 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.