Daily Forecast – Share Market – September 29th, 2015

Mercury is heading for total combustion Position, Impact on market will be clear

Mercury is within one navmansha distance from Sun, and will be going further close to Sun, indicating that within 2-3 days this Mercury lord of Banks, financial institutions and share market will be heading for total combustion position, so market position will not be good at least for today and next 2-3 days, or I can say that market will show shaky moves. Today it will be better to book profits as and when required, but will market be giving any chance is doubtful.

This market is playing some other ways and impact of foreign trades and market will be important for us, because local issues are not guiding this market.

I feel banks will be in shadow of Sun, so chances to gain from banks will be not so strong.

It will be wise to be watchful for 2-3 days’ time. IT, travels and tours, communication may be bit better for the day.

Indian Currency

Indian Rupee may trade in between 65.70 to 66.50 per USD.

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