Daily Forecast – Share Market – October 12th, 2017

Nifty may look to show recovery | Foreign cues important

Mars in the last degrees is in the lead with Sun and Mercury + Jupiter. Mars is close to change its position shortly, but leading the day. Indications are that global cues are again important. Other planets are indicating that market may again try to look for 10000, but – looking for new direction in coming days.

Petroleum and related segment may show movements with, sea and related segments like shipping etc. Insurance and financial institutions may remain active.

Infrastructure, power, Vehicles, metal and related segments like automobile parts, batteries, tyres and paint, cement or tiles may show movements. Sports related segments, share market related exchanges or houses may be doing better.

In general, many segments will be active, because Mercury is coming out of impact of Sun.

Trade with the winds and enjoy trading.

Indian Currency

Indian Rupee may trade in between 64.80 to 65.50 per USD.

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