Nifty Prediction : Pressure is Possible | Communication with Transportation/Logistics may improve its position
Daily Forecast – Share Market – November 2nd, 2015
Pressure is Possible | Communication with Transportation/Logistics may improve its position
India is passing through Mahadasha of Moon and anterdasha of Moon with Pratryanter and sukshma of Rahu, indicating confusions in the market, hence impact of foreign issues or cues will be important. Transit of planets are indicating that lord of the share market is now moved in the shadow of Sun, so can show some impact on the share market. We may see movements in automobile related segment inclusive of automobile parts manufacturing etc.
Power, infrastructure and related industries may also show some movements. Majority of banks may show pressure, but small cap of banks may show some gains. Communication, IT, Aviation etc. may show some positive moves with packaging industry etc. will be better.
Engineering and related segment may show some pressure, pharmaceutical may also show pressure.
Global cues from China and USA are also not comfortable.
It will be better to trade watchfully, secondly Rahu is gaining strength so impact on Breweries may be better but on whole market – possibility of sudden changes are not denied.
Indian Currency
Indian Rupee may trade in between 64.90 to 65.70 per USD.
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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
Categories: Share Market
