Daily Forecast – Share Market – October 28th, 2015

Flat or opening with some pressure is expected

Venus is strong with support of Saturn and other three planets Sun, Rahu and Mars. Indications are that strength in the horoscope’s ascendant is strong, but other planets are indicating some possibilities are disturbances because of the exchange of aspect among Mars and Saturn, so foreign cues cannot be ignored.

China may be bit weak till middle of February 2016, these issues may give impact on crude and other financial issues on Globe. USA may also be not comfortable. So, even though local issues are better but market may not show so much strength as it should have been.

Aviation, IT, communication, engineering, VAS, technical of all these segments may also be better with travels and tours and transport/logistics. Electrical and electronics may be doing better. Banks and financial institutions may also be showing some moves before closing.

Vehicle and its alliances like automobile tyres, automobile parts etc. Paper, silk, textiles etc. can be better.

Chemicals, Pharmaceuticals and breweries will be better.

Indian Currency

Indian Rupee may trade in between 64.60 to 65.30 per USD.

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