Nifty Prediction : Opening and day may remain positive | Keep a watch on Geo-political moves

Daily Forecast – Share Market – October 6th, 2016

Opening and day may remain positive | Keep a watch on Geo-political moves

Moon is leading the day, with support of other seven planets. After 11:40 Hrs (IST), we may see some interesting moves in the market. Strength to Mercury will improve and market may show some better moves.

Rahu and Ketu are also active, which is indicating some sudden moves. I feel that all segments are in the move. Jupiter is also close to come out of combustion position. Petroleum marketing companies may be doing better with logistics, transport, communication and some new announcements are also expected.

Activities from neighbouring areas may be cause of concern. Which may give some hurdle. I feel overall strength of the market may give positive movements.

Paint, automobile tyres, ancillary of vehicles, infrastructure, power, banks and financial institutions with insurance, communication and logistics may be better.

We can see movements in many segments.

Indian Currency

Indian Rupee may trade in between 66.50 to 67.40 per USD.

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


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