Nifty Prediction : Nifty Looking Positive | May look for new levels | Wave possible

Daily Forecast – Share Market – April 3rd, 2019

Nifty Looking Positive | May look for new levels | Wave possible

Jupiter and Sun are in lead with Rahu, Ketu, Venus and Mercury. Indicating that crude may show some movements (point of concern during the period). Which may influence Petroleum segment. Mood of the market seems to be positive. Nifty will try to hold its own position. Only point of concern is Rahu and Ketu in action, which may give sudden movements on either side.

Nifty may look for New levels.

IT, communication, entertainment, logistics, Hotel and tourism may be doing better. But issues on bordering area may be cause of concern. Initially some pressure may be seen on banks or may be bit slow, because Mercury and Moon are in planetary war, but for one hour or so. After that both will be in good yog. Moon is again forming good yog with Venus. INR may show some strength too.

Impact of foreign trade or impart-export or foreign related issues may be seen during the period. So, it is better to keep an eye on such issues.  At the same time political agenda is again important, because we are heading for General elections.

Infrastructure, power, reality, cement, engineering, electronic and electrical, metals like Zinc etc. may be showing better movements. Vehicles, automobile ancillary etc. may remain active during the day.

Alcohol, spirit, wine, cotton, silk, ready-made garments with FMCG may be showing action.

Banks may remain active.

Indian Currency

Indian Rupee may trade in between 68.50 to 69.40 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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