Daily Forecast – Share Market – October 24th, 2017

Volatility Possible| Movement on either side possible | Trade with care

Rahu and Mercury are equally strong for the day, but well supported by Mars, Moon and Sun. Six planets are involved during the day. Indications are clear that movement can be seen in more than 70% segments or equities. Rahu will be playing like shadow or may give volatility and may warn for the ups and downs (deceptive behaviour of market) in coming days.

I feel that we may see some heaviness in the market. Which may influence Nifty etc.

Banks, financial institutions, sports, education, share brokerage companies, vehicles, automobile segment, infrastructure, power, engineering, electrical and electronics may show movements.

Defence related area, foreign related like import and export may show movements and importantly influence from foreign cues or other than the local market cues may be important. Judiciary and government agencies may be playing their role, which may be influencing the market.

Government may not be in comfortable position – may be due to some political issues, which may cause some impact in coming days.

Trade with care. Stop-loss on either side will be better. Range bound trade expected.

Indian Currency

Indian Rupee may trade in between 64.60 to 65.30 per USD.

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