Daily Forecast – Share Market – April 19th, 2017

Nifty may breach 9100 | Look for Opportunities at lower levels

Ketu is in lead with support of Sun and then Jupiter, Moon and Rahu are supporting during the day. Mercury is heading for total combustion. That means the market may have to look for the cues and news from out of the trade/nation. Banks may be not giving proper support to the market.

Indications are not positive. Even though, many segments will be showing movements. But volume of the business may not be so strong.

Infrastructure, power, vehicles etc. may be doing little bit better. Some movements in the communication, travels and tourism with media and instruments related communication may be doing better.

Textiles, fabric, garments and cotton etc. may be doing better. It will be interesting to see liquor industry.

I feel that market may try to breach 9100 levels. Or may give opportunity to buy at lower levels in coming days. Or to pick better companies etc.

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.