Daily Forecast – Share Market – October 19th, 2015

Market is Positive | Consolidation or Profit Booking is also possible

Venus and Saturn are leading the day with support of Sun, Moon, Mars and Ketu. Indications are that majority of segments will be moving ahead or showing some positive signs, but market may show some profit bookings or consolidation and then move ahead.

Companies involved in multiple products manufacturing like leather, apparels, Beverages etc. can be doing better. Or companies involved in beverages, petroleum, petro-products can be doing better with Hotel and tourism segment. In coming days IT, travels and tourism with transport (all surfaces – Air, road and water) can be doing better along with Logistics etc.

Engineering, Vehicles, and allied industries will be doing better along with banking and finance/insurance etc. Jewellery, gems and FMCG can be better.

Small-caps and large caps can be 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.