Daily Forecast – Share Market – April 8th, 2019

Market seems Positive | Pressure on Upper levels Possible

Day is controlled by Jupiter with Sun, and supported by Mercury, Venus, Ketu and Moon. Planetary position is decent. Crude may show further high or movements in upward direction. Political announcements may influence the market. So, it will be better to keep a watch on political announcements.

Cement, vehicles, sugar, cotton, banks and financial institutions, research and related segments, crude, Insurance, batteries, automobile segments, but rising crude may give some negative impact on automobile tyres in coming period.

Drugs, chemicals, leaf-based segments, carbon black and solvents may show some movements. It will be better to keep a check on crude oil.

I will look forward for infrastructure, reality, cement, tiles, paints and automobile segments in coming period.

Nifty may look for 10725 levels.

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.