Daily Forecast – Share Market – October 6th, 2015

Market may show (+) 0.75% movement

As I have mentioned in my earlier posts that positive trend will start after 05/06-10-2015, and yesterday market has shown a good recovery, Mercury in own sign and exalted, heading to achieve direct transit position, so share market is moving ahead, this position will be improved till 31-10-2015. In between due to other planetary position we may see consolidation or at times bit profit booking etc.

IT, e-commerce based companies, irrigation, agriculture, seeds, leaf, Textiles, silk, bacteria and drugs related with Fertilizers will be better.

Education related segment, Pharmaceuticals, engineering, electrical, electronics, agriculture produces etc. will be comfortable. Venus is comfortable and tomorrow will be stronger, so impact on Indian Rupee, government and its activity will be better and that may give impact on the share market.

Petroleum, shipping and related fields will be doing better with Jewellery etc. Infrastructure, power, vehicle, automobile related field will be better. Moon is indicating that Milk/dairy products etc. will also be better

Focus on mid-caps and small caps will be better.

When all the segments are doing or majority of the segments are doing better than it is expected that share market will move ahead with at least 0.75 % or around that.

Indian Currency

Indian Rupee may trade in between 64.80 to 65.70 per USD.

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