Daily Forecast – Share Market – April 26th, 2016

Market may be under pressure | May give an opportunity to sale on rise and on fall

Ketu, Mercury and Sun are leading the day with support of Saturn, Venus and Jupiter. Indications are market is not reliable and can give chance to sale at upper level and may show lower level till 7775 of Nifty. All the major three retrograde planets are indicating that market may show time to time reversal moves either up or down. So, it will be better to trade with a policy of wait and watch for a while.

Tobacco related segment may show down moves, but infrastructure related companies like cement and power will be better. But still it is difficult to say that market may move for further higher level, I mean to say that Nifty may not be able to cross 7925 level of Nifty.

Mixed day expected, or better to say period of wait and watch. Because planetary position for almost all major countries is not comfortable.

Indian Currency

Indian Rupee may trade in between 66.40 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.