Nifty Prediction : Nifty may look for 10450 | Sudden sell on rise not surprising

Daily Forecast – Share Market – April 12th, 2018

Nifty may look for 10450 | Sudden sell on rise not surprising

Venus and Mercury are leading the day, with support of Moon, Rahu, Jupiter and Saturn. Mercury is controlling own house of share market, so I feel that market may show some improvement in coming period too. Due to local political reasons, we may see politics, which may hurt gains in the share market or related sentiments.

Market is trying to stabilize its base, but due to some or other reasons, confidence on the rise may not be seen and possibility of sell on rise.

Nifty may show movements, but mid-caps and small caps may remain more active. Aviation may show movement, with IT, communication, petroleum and this may give impact on Nifty, but we cannot ignore other negative impacts of international issues in coming period or which has started directly or indirectly.

Nifty is trying to hold its base but be prepared for any sudden sell on rise.

Indian Currency

Indian Rupee may trade in between 64.60 to 65.30 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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