Daily Forecast – Share Market – April 22nd, 2016

Market may show Ups and downs within a range | Can give an opportunity

Mercury and Sun are again in lead with support of Rahu, Ketu, Saturn, Jupiter and Venus. Indications are that market may show ups and downs during the day. I feel Saturn and Jupiter both are retrograde and Rahu with Ketu can give volatility during the day may be not so large but can give.

Market is indicating that in coming days may move further, so can give an opportunity to look for forward.

Lower base can be 7800 Nifty point level. It will be better to look for good equities only.

We may see movements in petroleum companies, textiles and related trading, steel, engineering, vehicles and financial companies may be doing better.

Insurance, chemicals infrastructure, power can be better with support of electrical and electronics can be doing better.

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.