Daily Forecast – Share Market – April 27th, 2023

Nifty range again 17700-17850 | Book Profits as and when required

Casual traders – Protect funds

Monthly expiry. Ketu with Rahu is leading the day, well supported by Mars, Jupiter, Saturn and Venus. Importantly, Foreign market cues may influence the market on date. Foreign banks may further raise alarm in the global market, and which may affect the local market also.

Local markets results and news from government etc. may further give impact on the market. Importantly, geo-political activities may be seen in coming period also. Keep a watch on local news related to business etc.

Nifty may try to hold the levels of 17700, even then may look for 17850 also. Lazy movements may affect the traders.

Time for banks to hold the trust values globally.

Spending of customers in global levels is still suspicious. I mean, astrologically, possibly financial status of common man (globally) has gone down, because of consumption. Sentiments are not positive. Reason is firing of staff. Loss of jobs and tuff situations. Again, clouds of recession is alarming. Crude may also be affected. Negative moves possible in this oil segment.

Trade company wise. Watch FIIs again. Still, local casual traders are investing their money in the market. They must be watchful. Professional traders have different process, whereas casual traders their game is different.

Casual traders – protect your funds.

Nifty may remain in the range of 17700 to 17850.

Indian Currency

Indian Rupee may trade in between 81.60 to 82.30 per USD.

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