Nifty Prediction : Nifty may show +/- 0.4% movements | Sudden changes possible

Daily Forecast – Share Market – April 6th, 2017

Nifty may show +/- 0.4% movements | Sudden changes possible

Ketu with Mercury are in lead, with support of Saturn, Mars, Venus and Rahu. Saturn at the time of opening of the market is close to the minimum speed and by 10:36 Hrs (IST) will start transiting retrograde. Mercury has also losing its speed for us, because is heading for the curve. I feel that situation of the trade may be tricky.

Bills in the parliament may have to see some issues. It will be interesting to see announcements from Judiciary and government machinery (like Judiciary).

Foreign cues and issues related to neighbouring nations, states may also be influencing our trade. Importance of defence (equipment or the user of equipment or both may be more) in coming period.

We may see some pressure on the market.

Travels, transport and related segments inclusive of communication, petroleum segments may be showing movements for the day.

Electronic devices which are used for communication and media may be better with garments, pesticides and chemicals etc.

Trade with care.

Indian Currency

Indian Rupee may trade in between 64.80 to 65.40 per USD.

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

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