Daily Forecast – Share Market – April 12th, 2017

Market may look for correction | Keep eye on Geo-political issues

Ketu with Rahu in lead and supported by Mars, Jupiter, Mercury and Sun. Indications are that market may be having some ups and downs movements.

Ketu are Rahu are indicating that sudden changes in the movement, while other planets are trying to hold the market. I feel pressure on the market or we may say that correction is also possible. We may see movements in either side for Nifty, but possibly mid-caps etc. may show better moves.

Banks and financial institutions with petroleum are showing movements.

Movements in pesticides, cotton, electrical and electronics with communication instruments etc. may be showing movements. Power may show movements in either side with automobile tyres (which may show tiredness).

Leaf based products, dairy products and likewise segments may show movements.

Agriculture produces may also show movements. Impact of Geo-political issues possible.

Market may show movements in between 9180 and 9260

Indian Currency

Indian Rupee may trade in between 64.40 to 65.10 per USD.

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