Daily Forecast – Share Market – April 19th, 2023

Keep a watch on IT, Banks and automobile | Long traders – look for opportunities

Rahu, Ketu with Mercury are leading the day, well supported by Moon and Venus. Banks and financial institutions are playing role in the market (global sectors). Bonds are attracting money from common person.

Nifty may look for 17700, but will it sustain – is doubtful. Rahu and Ketu are playing their role. Tomorrow will be solar eclipse for many nations. After that market may start showing some different trade.

Small swings are possible, trade accordingly. It will be better to protect funds as and when required. Still base of 17575 is open for the traders. It will be better to exit from long trades as and when required. Book profit as and when required (for long trades).

Keep a watch on IT, Banks and automobile. Time for swing is ahead in these segments. Buy on dip and look for opportunities. Minor movements possible, sharp moves due to other planets is not possible.

Result based movements possible.

Many segments are active, buy on dips, sell on rise will be better.

Nifty range again 17575 to 17750. Small swings expected. Buy on dips. Sell on rise.

Indian Currency

Indian Rupee may trade in between 81.80 to 82.60 per USD.

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