Daily Forecast – Share Market – April – 28th, 2017

Nifty may show range of 9250 to 9375 | Profit booking possible

Ketu with Moon is leading the day with support of Sun, Venus, Saturn and Rahu. Market is looking for movements but may also show tiredness after running for such a higher level. It will be better to be watchful in coming days. Mercury is slowing down its speed, that may influence level of the movement in indexes.

Movement in many segments can be seen, may be at lower levels, but movement in the market is possible. I will like to be watchful for the day. Market may look for consolidation or profit booking in coming days. Which may show fall of around 100 points in Nifty (in coming days) – possibility.

Leafy products with dairy, textiles, power, infrastructure, vehicles and related segments like automobile ancillary and tyres etc. may show movements.

Chemicals, breweries and spirit with carbon black may be doing better.

Nifty may trade within the range of 9200 to 9375

Indian Currency

Indian Rupee may trade in between 63.90 to 64.60 per USD.

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