Daily Forecast – Share Market – November 7th, 2016

Nifty may look for 8225 but Volatility expected | Range may be for 8100 Nifty level

Mars with Mercury and Ketu in lead, after 11:15 impact of Rahu may be bit less. Other supporting planets are Jupiter and Sun. Movements in many planets can be seen during the day.

I feel that market may try to move ahead, volatility is key for the day. Mid-caps and small caps may also be showing some moves. Banks are supposed to be better. Again, due to impact of Rahu and Ketu, even banks may ditch during the day. Period is for the financial activities.

Parliament and other working from government may not be effective, so that market may score some points.

Even though, I feel positive moves are expected.

FMCG, drugs, electrodes and electrical items, foreign related trend will be important for the period. Defence is decent. Judiciary is also weak. Paper, agriculture and fertilizer with textiles may be weak.

Indian Currency

Indian Rupee may trade in between 67.50 to 68.30 per USD.

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