Daily Forecast – Share Market – October 7th, 2015

Market may show Flat moves | Ups and downs possible | Mid-caps and small caps better

Mercury is reducing its speed for us because is on the curve and will start transiting direct on 09-10-2015, so I feel that market has to slow down its movements. Flat or ups and downs can be seen during the day.

Communication, IT, transportation (inclusive aviation and shipping with surface), logistics etc. can be doing better with VAS and technical companies like manufacturing communication instruments will be on the better side.

Engineering, Petroleum, agriculture, sugar, leaf related (inclusive of tea and tobacco etc.) can perform better with textiles, paper, silk, germs related (companies manufacturing bacteria related), metal, Vehicles can be doing better.

Indian rupee may show some better moves. Petroleum (crude) may show some betterment, which may give positive impact on petroleum exploration related companies.

Mid-caps and Small caps will be better

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.