Daily Forecast – Share Market – April 17th, 2017

Range bound trade possible | Suddenness is possible during the day

Day is heavily controlled by Ketu and then supported by Sun, Moon, Jupiter and Rahu. Indications are for uncertainty during the day. Possibly market may show some positivity but I will like to be cautious because of the influence of Ketu. This is also fact that during the leading period of Ketu this market has shown these higher levels. So, chances of recovery are also possible. Or we can say that market may show range bound movements.

Electronics, gadgets, leaf based, petroleum, insurance, communication related products manufacturer, travels and tourism related materials may show movements. We may also see some news from communication industry – which may lead to trade war.

Dairy products, infrastructure, vehicles and related segments like automobile ancillary segments, paint and automobile tyre and batteries may be doing some better.

Trade with strict stop-loss. I feel range of 9220 and lower side of 9120 for Nifty can be seen.

Indian Currency

Indian Rupee may trade in between 64.10 to 65.00 per USD.

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