Daily Forecast – Share Market – October 20th, 2015

Market may move ahead and try to cross 8300 Nifty points

Venus is stronger among Saturn, then Sun, Moon and Mars, indicating that lord of the leader of cabinet is stronger and well supported by Cabinet etc. but exchange of Saturn and Mars so impact of foreign issues and aligns may be cause of concern.

I believe this may give some strength to INR or will help to give some strength to the local market or issues which may help local market.

I believe that Nifty may cross 8300 points as mentioned earlier, market will be gaining some more strength till the end of the month, but with some ups and downs due to foreign issues and issues related to align partner.

Engineering, Vehicles, IT, communication, Shipping, transportation etc. may be doing better within 2-3 days.

Electrical and electronics can be better with breweries, textiles, agriculture and related products etc. with banks and financial institutions etc. Leaf based products can also be comfortable.

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.