Nifty Prediction : Nifty may look for 10200 | Pressure on rise Possible

Daily Forecast – Share Market – April 2nd, 2018

Nifty may look for 10200 | Pressure on rise Possible

Mercury, Venus are leading the day with support of Moon, Ketu, Rahu and Jupiter. Mercury retrograde has moved out of total combustion. Mars and Saturn are in planetary war position. Rahu and Ketu are involved hence Volatility is expected. Banks (PSU and Private) may be bit uncomfortable.

Nifty may try to look for the levels of 22-03-2018 shortly. Hence, expected to be positive. Global cues are positive, but chances of cold war may force trade war/crude oil war etc. Hence, trade with care in coming period too.

Many segments may remain active, and I feel that some positive movements can be seen during the day. But due to Rahu and Ketu, volatility will not surprise me.

IT, communication, Cotton, silk, FMCG, entertainment, media and related segments may be showing movements. News from government agencies and announcement from government may be important for the day and coming period. Keep a watch.

Indian Currency

Indian Rupee may trade in between 64.60 to 65.20 per USD.

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

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