Daily Forecast – Share Market – April 24th, 2018

Trend is for movement | Nifty may trade within (+/-) 60 Points

Venus with Mercury are leading the day with support of Ketu, Saturn, Sun, Jupiter and Moon. Two major planets are transiting in retrograde direction, which gives indications that market may have some reversible forces, so even many planets are trying to pull this market positively but is showing some negative moves too. I will not be surprised if market may again show Volatility and move in negative as well in positive direction. Still I am positive for Nifty’s movements in the range of 10450 to 10650.

Active segments are IT related education or education, Leather, Textiles, Pharmaceuticals, engineering may show ups and downs. Crude may be cause of concern for another sometimes. Banks, financial institutions, sea-ports and related segments are trying to show their movements, but with hesitation movement is not equivalent to the desired way. Leaf based, fashion world or related segments, electronics, vehicle, infrastructure, cotton, communication instruments, dairy products and fast-food related segments may be doing better.

Vehicles, power, construction segments are waiting for movements in coming period.

Indian Currency

Indian Rupee may trade in between 66.00 to 66.70 per USD.

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