Nifty Prediction : Keep a watch – at closing | Opening may be positive | +/- 0.5% Nifty

Daily Forecast – Share Market – October 7th, 2016

Keep a watch – at closing | Opening may be positive | +/- 0.5% Nifty

Moon, Mercury are in the lead whereas Ketu, Sun, Venus, Jupiter and Rahu are supporting during the day. After 14:24 Hrs (IST), sudden changes are expected. Possibility of some movement in petroleum related segment in coming days. Moon indicates some ups and downs too, like a wave.

Over all planetary position is indicating that market may remain positive during the day except sudden changes by the later part of the day. Global cues may also be important for the next working small week.

I hope positive moves from the share market and banks with financial institutions. Shipping and other segments related to sea may show some movements. Metals, Vehicles, housing will also be doing some better.

Agriculture, chemicals, research with defence related areas are active with transport and media etc. FMCG, Foods related (includes rice and oil etc.), packaging and storage etc. may also be doing some better.

Keep strict stop loss. Book profit as and when required. Mid-caps and small caps may be doing better.

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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