Daily Forecast – Share Market – October 21st, 2015

Market may be influenced with foreign cues | Consolidation is also possible

Venus, Sun and Saturn are leading the day with support of Mars and Moon. Indications are that IT, transport communication, media with Travels and tourism will be in better position. We can not ignore infrastructure/housing and Vehicle ancillary related segment.

Exchange of Mars and Saturn’s aspect is indicating that global cues will be important for the day. Pharmaceuticals, Petroleum with FMCG can be better.

I will look forward for two-wheeler segment. I am confident that market will move ahead with some consolidation.

Government has to re-check align partners or strengthen their support according to program of head of the cabinet/agenda of the government, otherwise issues related religious and others will be influencing such agenda and market may be affected.

Textiles, Power transmission related may be better with shipping etc.

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.