Nifty Prediction : Nifty may trade within 10550 to 10650 | Pressure on upper level Possible

Daily Forecast – Share Market – April 25th, 2018

Nifty may trade within 10550 to 10650 | Pressure on upper level Possible

Ketu and Venus are leading the day with support of Saturn, Jupiter, Sun, Moon and Mercury. Venus will be gaining strength around closing of the day. Indicating that market may show some volatility or pressure on early hour. Nifty be in the range of 10550 to 10650. I feel that market may try to consolidate for the next move in coming days.

Majority of the segments are ready to show their movements on either side. Movements in Mid-caps and small caps (either side) and large caps on either side can be seen on various occasions.

Infrastructure, power, construction is waiting for its term and period, we may see in coming period some decent movements in these segments (better companies). Impact of foreign trade can be seen during the day, so keep an eye on foreign, as well local news (related to politics and trade).

Crude is interesting, which may influence petroleum and related companies. IT, communication, leaf based, dairy and fast-food may be showing movements in coming period.

Bio-tech based, Biocon like companies or segments, cotton, textiles, sugar, agriculture and related segments are looking for some movements. Similarly, many segments are looking for movements (either side).

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.


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