Daily Forecast – Share Market – April 3rd, 2024

Nifty may remain within range | Stoploss 22300| Buy on dips to 22550

Political impacts may be seen in coming period

Mercury (Rx) with Rahu leads the day, well supported by Sun, Moon, Jupiter, Venus and Ketu. Crude oil may show areas close to 90+ USD. INR is also under pressure against USD. For our market high rising crude and gold may show some restrictions, Lord of share market and banks is not supportive (in reversal mood), but other planets are supporting the market. Global changes may show changes after 09-04-2024.

Our market is trying to hold the levels – even on previous day. Volatility is possible but range may remain same as previous day. Buy on dips may be seen in the market. Interestingly, market is roaming around the closing of last week.

Nifty may look for 22550 but dips also possible. Small movements also possible.

Entire horoscope is active, but I am not satisfied with banks and financial institutions along with insurance. Watch cements, infrastructure, automobile, power, watch reality, automobile, chemicals, alcohol, communication, space related segments (issues may develop in coming period), exports and imports, leather, fashion, FMCG, and many more may be showing movements.

Nifty may remain within the range of 22350 to 22550.

Indian Currency

Indian Rupee may trade in between 83.00 to 83.70 per USD.

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