Nifty Prediction : Cautious start | Trade if required | Political issues important

Daily Forecast – Share Market – April 9th, 2019

Cautious start | Trade if required | Political issues important

Jupiter with Moon are controlling the day with support of Sun, Ketu, Venus and Mercury. Jupiter is close to changing its direction of transit. Speed of Jupiter is slowing down, still indicating crude on upper levels. Currency is also facing some issues. Opportunities may be look for better equities at lower levels for the coming period.

Keep an eye on global market as well Political alignments also.

It will be better to guard equities properly. Don’t exhaust entire funds during this period. One must have funds at the time of announcement of government.

Movements can be seen in various segments.

IT, communications, logistics, gold may give some chance, Gas, Petroleum, cement, reality, Vehicles, infrastructure, energy, metal, cotton, FMCG, and leaf-based segments, Leather, textiles and agriculture related segment may show some movements.

Market seems to be cautious.

Trade with guards.

Indian Currency

Indian Rupee may trade in between 69.00 to 69.80 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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