Nifty Prediction : Pressure on Opening possible | Enjoy mood of market

Daily Forecast – Share Market – April 12th, 2018

Pressure on Opening possible | Enjoy mood of market

Jupiter is leading the day with support of Venus, Mercury, Moon, Ketu and Sun. Partial impact of Rahu can be seen in early hours. Jupiter has started transiting retrograde and Mercury has come back to its Neech sign, strengthening own house of share market, sports and public etc. Indications are clear that crude may show some reversal/interesting moves in coming period and Lord of the share market will try to protect own house by any means. Ups and downs are one thing but will protect.

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

It will be better to guard equities properly. Use funds during this period intelligently, so that after elections, balance of funds can be used properly. Manage funds till the 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.

Indian Currency

Indian Rupee may trade in between 68.60 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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