Daily Forecast – Share Market – October 29^th, 2013

Nifty may open in Positive zone BUT…

Satta/betting of India’s natal chart lord Jupiter is giving aspect on retrograde Mercury after Solar eclipse not affecting Indian areas, but planets are affected for agriculture, leather, animals, minerals, metals, oil etc. indicating that rates related to food grains etc. may further go up, as well agriculture related items may go up.

Under normal condition, when Saturn is afflicted then share market or open market may go down, but due to support of Jupiter, Saturn has till now behaved in a different way, still I feel that time to be careful. Although FII’s have infused money in this market, but be watchful, because of International reasons or some unknown reasons.

Groundnut and Tobacco may get some positive trend.

IT, Aviation, Hotel Industry, communication, banks and financial institutions may perform better. Time to book profit if required.

Indian Rupee

Due to poor economic condition, Rupee may trade in between 61.40 to 62.25.