Daily Forecast – Share Market – April 20th, 2018

(+/-) 50 Nifty points | Market may try to form base

Venus is in lead and almost all the planets are active during the day. Indications are that movements in almost each segment can be seen, may be not so high. Mid-caps and small caps may be active. Nifty may be again range bound mood. Global cues are active, but local cues will also give their impact.

Indications are clear that leaf based, IT, communication, logistics, travels and tours, entertainment / communication instruments etc. may remain in action. Mid-caps, small caps with infrastructure, power, automobile segments including ancillary and tyres may show movements.

Petroleum and crude may remain active with financial institutions and banks etc. Engineering, metal, infrastructure, power, leather, textile, pharmaceuticals and electrical and electronic, may be showing movements.

Political and other reasons may affect or try to influence Judiciary, which may be hurting for long term.

Use this period wisely.

Indian Currency

Indian Rupee may trade in between 65.70 to 66.40 per USD.

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