Daily Forecast – Share Market – April 5th, 2017

Nifty may look for 9250 | Trade with care

Ketu and Saturn are leading the day with Rahu, Mars, Venus and Mercury. Saturn is losing its speed for us, because from 06-04-2017 will be transiting retrograde. Resulting impacts on various issues like Judiciary, parliament and government decisions may be influenced too.

Indications for the market seems to be positive and looking for new highs. But one more important point is that Mercury is again going to be retrograde and losing speed for us. So, it will be better to note down the values of Market (nifty etc. on 07-04-2017 closing) because in future this will help (in the first week of June or by the end of this month).

I feel that even with slow progress market may look for 9250 or so. But values may be close by of previous close will not surprise me.

Majority of the segments may show movements. Still, I will say to trade with care. Agriculture, sugar, leather and cotton, ready-made garments, silk, with electrical goods, electronics, communication and travels etc. may be doing better.

Keep a watch on petroleum etc.

Indian Currency

Indian Rupee may trade in between 64.80 to 65.60 per USD.

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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.