Daily Forecast – Share Market – April 18th, 2017

Nifty may look for 9200 | Sudden changes possible

Ketu is leading the day with support of other five planets. Indications are that market may show movements in many segments – may be in mid-caps, small-caps and Nifty may also show movement.

Petroleum and gas related segment may be doing better with insurance, finance related area. Infrastructure, vehicle etc. may be in better position with electronic machinery/gadgets etc. Defence related area may be doing well.

Keep a track on foreign cues. Market may look for some correction with sudden movements. Jewellery, agriculture and its produces may be showing some movements.

Pesticides, biotechnology based products or segments may be doing well with cotton, silk, textiles and garments etc. FMCG will be area for a watch.

Nifty may look for 9200 levels but one cannot over rule of sudden changes in the market.

Indian Currency

Indian Rupee may trade in between 64.20 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.