Daily Forecast – Share Market – September 10th, 2015

Market may show Profit bookings | Impact from foreign trades can be seen | Trade wisely

As it is mentioned in my earlier posts that Government’s action can be seen but indirectly I have raised question mark on the results of such action, it was clearly evident from yesterday’s statement by government regarding GST – result is still awaited.

Fallen planet Venus is direct so started moving ahead, this is indicating that government has started moving ahead but due to own way of working unable to give support to the nation (that includes business community). Main planet for the day is Mercury with Saturn and Mercury is lord of share market and banks/financial institutions etc. indicating that it is losing its speed for us because is heading for retrograde position from 18-09-2015. So, movements in the market may be showing some different trends, ups and downs in the market and from 13-09-2015 onward for few days’ market may show impact of solar eclipse which may give its impact on other part of the world.

Today Profit bookings can be seen or we can say market may show lower side of index.

IT, communication can show some good moves during the day but it will be better to book profit as and when required.

It’s not a period for normal trader to trade. It will be wise to be patient. Only most aggressive traders or smart traders can trade during the day, but be watchful.

Indian Currency

Indian Rupee may trade in between 66.00 to 66.80 per USD.

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