Daily Forecast – Share Market – October 10th, 2017

Nifty may look to hold 10000 level | Foreign cues important

Mars is leading the day with support of Sun, Mercury and Moon. Indications for the foreign related cues will be important for the day, reason is Mercury is still combust but coming out of total combustion. Nifty may try to be above 10000 points. According to local reasons market is holding its level and may try to move above, but foreign cues may play some role during the day.

Import-export, banks, defence and related segments – particularly, companies involved in electrical and electronics etc. may be doing better. Companies involved in IT, communication and logistics may be showing their movements with FMCG and drugs based products.

Infrastructure, power and other segments like vehicles and related areas including automobile ancillary and tyres/batteries etc.

Day may be showing movements and may show movements.

Indian Currency

Indian Rupee may trade in between 65.00 to 65.60 per USD.

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