Nifty Prediction : Possibility of Pressure | Swing on either side can be seen
Daily Forecast – Share Market – April – 13th, 2017
Possibility of Pressure | Swing on either side can be seen
Ketu with Jupiter are in lead with support of Mars, Mercury, Sun and Rahu. Four planets are retrograde and today is the last working day of small week of business. Pressure on the market is expected.
Even then I feel that market is not in negative zone. Local cues, news from government, Judiciary or related agencies will be important for the trend of the market in coming days.
I feel that Mid-caps/small caps may be doing better. Many segments may show movements on either side because of the retrograde (unusual positon of four retrograde planets at a time apart from Rahu and Ketu) transition of planets.
It will be better to trade with strict stop-loss on either side. I believe that market may trade in between 9240 to 9140 of nifty level.
Movement in almost all the segments can be seen.
Indian Currency
Indian Rupee may trade in between 64.30 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.
Categories: Share Market
