Daily Forecast – Share Market – October 17th, 2017

Nifty may look further up | Sudden changes possible

Mars and Sun are controlling the day with Mercury, Rahu is also playing its role. Indications are clear that Mars is more powerful with Sun, hence we may see movements during the day. Nifty is achieving new levels. It is also possible that on each and every step, market may take few back steps and then move. Reason is that Rahu’s impact can be seen time to time. Since, majority of planets are malefic, so at any levels, global issues or unrest etc. may be cause of concern.

Trading will be with positive frame of mind. Nifty may further look for new levels. But I will range within (+/-) 70 points for the Nifty. Ultimately market may like to prepare for the Muhurt trading too.

Infrastructure, power, metals, automobile and allied field. Electrical and electronics, engineering and aviation, banks, financial institutions, sports related, segment related education and share market related etc.

Containers, logistics, communication related instruments, entertainment related instruments etc. may be doing better.

Even then trade with care, because deceptive Rahu may play its role at any time.

Indian Currency

Indian Rupee may trade in between 64.40 to 65.10 per USD.

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