Daily Forecast – Share Market – April 10th, 2020

Positive moves expected | Sudden dip not surprising

Sun, Moon and Rahu are controlling the day with Ketu, Jupiter and Mercury in Neech rashi. Lord of Share market is indicating that Mercury will be protecting own house of share market, Rahu’s strength during the day indicates wave like movements, so I feel that market may show some upper levels or try to look for a benchmark or level. Secondly, market is looking for some economic package announcement from the government, that is showing positivity, but we must know that again there is a long weekend.

Next week has one short working day. Period is indicating that business (globally) is very weak, only news from government, announcements, or speculations are giving ups and downs in the market. Planetary position wise, currently, lord of the market is protecting the market, so movements are seen or possible for another next ten days with volatility also, because other planets like Rahu and Ketu will be tough to crack.

Anyways, today market may show some movements on the upper side, possibly because of news (expectations) from government or agencies etc.

Laboratories, chemicals, companies involved in manufacturing medical equipment, Pharmaceuticals, FMCG, and other segments involved in Masks, home delivery, sugar, alcohol or many more likewise segments may show better movements.

Look for short term opportunities on both sides.

Indian Currency

Indian Rupee may trade in between 75.20 to 76.10 per USD.

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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.