Daily Forecast – Share Market – October 28th, 2016

Negative moves expected| Opportunity at lower levels | Nifty looking for 8525

Rahu is in the lead with Venus, Mercury (combust total) and Moon. In general combinations are decent but Rahu is in lead and lord of the share market is total combust and coming out of the shadow of Sun during the day.

That means in coming period lord of the share market will start gain some strength (slowly and gradually). It will be better to look for small opportunity. But it will be better to keep one important point in the market that USA is going through Presidential elections, so impact on the market will be cautious for that period.

China will also be important for the coming period, I am not much hopeful for the China, they may have to be watchful for their local market too. Now, China and USA are also playing important role in the fluctuation in share market (Globally). So, for long term it will be better to be careful.

I will look forward for banks in coming days, that means market may move bit upward in coming days.  With reference to my earlier post, market is still drop to 8500 levels

Nifty on date may be under pressure. But coming up days may give some movements.

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.