Daily Forecast – Share Market – October 16th, 2015

Market is ready to move ahead till the end of this month

Saturn and Venus are leading the day with support or another four planets – Ketu, Sun, Moon and Mars. Indications are that majority of the segments will be moving in comfortable way.

Mars and Saturn are exchanging aspects that means both are afflicting each other, so import/export or foreign issues are disturbing each other, similarly political alignments are also disturbing each other.

Leaf based products like tea, tobacco may be doing better, with IT, transport, and media etc. but some issues may disturb these segments with transport etc. But shipping, off-shore based products, crude etc. may be doing well with Gold.

Government may take some steps, which may give initial impact on certain segment, but may give some advantage to public.

As mentioned earlier that market is ready to move ahead till the end of this month.

Textiles, engineering, electrical goods with electronics may be better, chemicals, drugs, Pharmaceuticals etc. can be doing better. Mid-caps and small caps will be doing better. Non-traditional power can be good in coming days.

Majority of segments will be doing better.

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.