Nifty Prediction : In spite of such results, market is trying to recover and form a base

Daily Forecast – Share Market – October 15th, 2015

In spite of such results, market is trying to recover and form a base

Saturn, Venus, Sun are leading the day with support of Jupiter, Mars and Ketu. Exchange of aspect of Mars and Saturn are indicating that impact of foreign issues are not allowing local market to move ahead. Saturn is influencing ascendant lord of nation’s horoscope, hence impact of government is also not so influential.

Jupiter is indicating that market related sea, hidden treasure like Petroleum, gems and research work will be key. At the same time some hidden information may also give some impact on national issues which may influence local market in coming few months.

Indian Rupee may have some better moves, which may also support local market, but main movements may be in mid-caps and small-caps etc. Even small banks may also show some moves.

In my opinion market should show some positive indications. Vehicles, engineering, textiles, paper, silk, petro-products may also be doing better.

Segment wise majority of them may show better moves, but we have to keep an eye on individual equities strength.

I will look forward for mid-caps and small-caps. Market was able to hold 8100 nifty point.

Indian Currency

Indian Rupee may trade in between 64.40 to 65.20 per USD.

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

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