Daily Forecast – Share Market – October 1st, 2015

Heading for 8025 Nifty Points | Second half can be interesting

Initially Venus and after 10:55 Hrs (IST) Sun will also improve its position, with Saturn Moon, Ketu etc. Local issues may be gaining some strength, but Mercury is heading for total combustion position that means initially market will be showing upward movements and then local support from share market will not be so strong, issues from foreign market may influence this market. Secondly market will be closed for 3 days and on 05-10-2015 Mercury will be close to its minimum speed for retrograde position and will start transiting direct from 06-10-2015 in its exalted position, so chances of positive moves after 06-10-2015 will be better.

I am positive for Gas, petroleum, Paper, engineering, infrastructure, IT, communication, steel, travels with electronics and electrical equipment etc.

Import-export with agriculture related products like seeds, fertilizer, pesticides etc. Chemicals, pharmaceuticals with Real state, Vehicles and related automobile segments.

Rupee may show some comfortable position. Jewellery will be better, gold may be better.

It will be better to say that market will be moving positively. Watch foreign issues carefully.

Indian Currency

Indian Rupee may trade in between 65.00 to 65.80 per USD.

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