Daily Forecast – Share Market – September 30th, 2016

Market may trade with weak mood | Cautious approach | Geo-political issues important

Rahu, Venus and Moon are leading the day with Ketu, Mercury and Sun. Indications are Volatility is expected or sudden changes like yesterday can give next direction to the market. Geo-political conditions are also important for the day or better to say for the coming days. Rahu and Ketu will hold their influence for few more days.

Planetary movements are not much in coming days except movement of Mercury. Market may try to hold its breath for a while even though pressure can be seen. We can expect further low of 50-60 nifty point level and high of another 100 points.

This is also fact that it will be better to avoid trading if possible. Wait and watch for the trend to set. I believe next coming days may set the direction of the market.

In my previous posts it was clearly mentioned to keep a watch on Geo-political situations and earlier also mentioned for 8625, but has broken this level too.

Anyways, it will be better to trade with deep stop-losses.

Indian Currency

Indian Rupee may trade in between 66.40 to 67.10 per USD.

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