Daily Forecast – Share Market – October 27th, 2016

Lazy opening | Opportunities at lower level | Range of Nifty 8550 to 8700

Rahu is in the lead which is well supported by Venus and combust Mercury (almost total). Moon and Sun are also playing their role.

We may see movements in infrastructure, power, housing related like cement and tiles etc. along with Vehicle related segments like automobile parts and tyres etc. Due to malefic impact of Rahu – sudden changes are also expected during the day. I am not hopeful for positive closing.

It will be better to trade with care and if required book profits. Deepawali onwards Mercury will come out of shadow of Sun.

Petro-products and crude may be showing some movements. I feel that IT, communication and travels with logistics may also be doing better along with sea related and shipping related segment will be better.

Range may start from lower levels.

Indian Currency

Indian Rupee may trade in between 66.40 to 67.50 per USD.

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