Daily Forecast – Share Market – April 10th, 2024

Nifty may remain within range of 22550 to 22750 | Mixed day possible

Watch banks also

Mercury with Venus leads the day, well supported by Moon, Rahu, Jupiter and Saturn. Importantly, lord of banks and share market is fallen planet and combust, heading for total combustion. Indications for mixed day. Remember, tomorrow will be holiday for the market.

Geo-political situation is important in coming period. Our political situation is apparently settled, despite of elections for central government from coming week to June 4th, date of results.

Persons who have carried long, must watch banks and FIIs moves. This will be important to decide for the day. Reason is weak lord of share market is trying to support own house from Neech rashi, which indicates that market may hold the levels. This may be for a week or so.

That means market may move around 22500 to 22750.

Movements in many segments may be seen, because entire horoscope is active. Combination of Mars and Saturn indicates trouble in central Asia, and related or involved nations may be seen in the recent period, which may give impact on crude oil. Although at present crude oil is roaming around 90 USD, this may give some more hike.

Nifty may remain within the range of 22500 to 22750.

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.