Daily Forecast – Share Market – March 29th, 2018

Positive Opening Possible | Nifty may look for 11625 or so

Jupiter, Venus, Sun are leading with support of Rahu, Ketu and Saturn. Jupiter has moved to own sign of Sagittarius for short period. Mercury has started transiting direct. Rahu and Ketu combination can give sudden changes. Nifty is close to 11600, so nifty may take chance to look for the levels +.

This combination may give wave like situation at any moment may be opening with a gap or likewise during the day. Nifty is preparing for a big jump before commencement of election.

Crude or Petroleum segment may be doing better with shipping or sea related segments. Research, Bio-technology, micro-biology related segments with insurance, Cotton, silk, communication instruments, entertainment instruments, some IT, Logistics, transport etc. may look for movements.

Automobile, and related segments, Infrastructure, power, leather, sugar, petroleum may show some movements. Few banks may show profit bookings on upper levels. Insurance and related segments may be doing better with research, cements, Alcohol, spirit and related segments like wine etc. may show some movements.

Fertilizer, agriculture related segments, seeds, animal feeds, keep a close watch on foreign cues or investments. This will be important for the coming period.

It will be better to look for opportunities and move with the wind (in either of condition).

Currency may face some pressure.

Indian Currency

Indian Rupee may trade in between 68.60 to 69.50 per USD.

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