Daily Forecast – Share Market – April 2nd, 2019

Nifty may look for upper levels | Sudden changes/movement Possible

Jupiter, Sun with Rahu are leading the day, Mercury, Ketu and Venus are supporting during the day. Planetary position indicates positive emotions and mood for traders. But suddenness during the day on either side or wave like situation on either side can be seen at any point during the day. As it was sudden fall from upper levels seen on yesterday. Nifty may look for Positive opening.

Foreign cues or out of the market cues (political or anything else) may play some role during the day.

It will be better to look for stock based trading during the day or period. Nifty may try to look forward or may remain in range of 75 Points. Reason is Rahu which may give rise or fall. Sea like waves are also possible.

Banks like Federal, or others may show some better movements. Infrastructure, leather, textiles, engineering, cotton, ready-made garments, FMCG, automobile (it will be better to be cautious in commercial vehicles). Tractors etc. may remain positive, automobile tyres, cement, paint, realty etc. may be area of interest for the market.

Alcohol and related segment like spirit, or main products like sugar etc. may give some movements. Shipping or transport, entertainment segment, IT, communication and instruments, logistics with leaf-based segments like Tea or coffee etc.

Trade with guards.

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.