Daily Forecast – Share Market – October 9th, 2015

Global Cues are important | Nifty ready to touch 8200 Point Mark & shortly may cross 8300 point

Ketu, Venus, Sun and Saturn are leading the day with support of Moon, in the second half of the day Venus will gain more strength that means we may see some strength and at one stage market may show some tiredness etc.  but Mercury will start direct transiting after 20:30 hrs and on Monday ie. 12-10-2015 market will be ready for up ward movements.

Today also market will like to show movements with positive moods and may try to touch 8200 level of Nifty index.

Jewellery, Gems, Petroleum, crude, shipping and ships related fields or better to say that sea related segment including port etc. will be doing better. Defence and electronics with electricals, engineering, agriculture and its produces with sugar can be strong. Fast food, retail and FMCG with pharmaceuticals will be better. Insurance, IT and vehicles related to agriculture may be doing better.

Cotton may also be showing some movements. Cues from foreign trades will be important because Mercury is close to 0 speed movement but trend of the market will remain positive.

Indian Currency

Indian Rupee may trade in between 64.50 to 65.40 per USD.

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