Daily Forecast – Share Market – March 31st, 2022

Allow the market settle down | opportunities on either side

Mars, Jupiter, Mercury and Saturn are leading the day, well supported by Sun. Importantly, Mars is within 2 degree and 32 mins. away from Saturn and Lord of banks and share market is within 1 degree and 54 mins away from Sun, Moon is totally combust at the time of opening of market. Hence, chances of weak opening possible. Emotions of the market may remain bit dull. Issues related foreign cues including Covid and Geo-political or global disturbances (man made or natural) will be cause of concern.

Crude is the cause of concern for inflation (globally) and unemployment is a big issue including some of very established countries from Europe and US.

Market may continue for the previous day’s closing momentum of dipping. Possibly this may give weak trend. Remember, next working day will be in new Samvatsar 2079. So, possibility of new hopes will be enlightened from tomorrow and after April 12th, 2022, when Jupiter will move in Pisces sign, I believe some sign of relief can be seen globally, and after January 2023 will further improve.

Trade with care during the day. Wait and watch will be better.

Banks, financial institutions, automobile, power, energy, metals, insurance, coffee, Tea, IT (look for opportunity at better rates), communication, entertainment, defence, textiles, synthetic yarn, gas and petroleum, pharmacy, healthcare, travels and tourism, travel kits or baggage, sugar, alcohol, electronics and electricals, readymade garments and many more may remain active on either side. Look for better opportunities but wait and watch.

Allow the market to settle down. Emotions may remain bit low.

Indian Currency

Indian Rupee may trade in between 75.40 to 76.30 per USD.

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