Daily Forecast – Share Market – October 26th, 2017

Pressure possible at upper levels | Volatility possible

Rahu and Mercury are in lead with Mars, Moon, Sun and Venus. Saturn is ready to go to Sagittarius sign at 15:28 Hrs (IST). This transit of Saturn will be a big planetary event, may influence during the day. Government and its agencies may give some more inputs during the day. Which may give impact on the trade in coming period.

I feel pressure on the market on upper levels can be seen. Possibly less percentage of profit booking on upper levels, but can be seen.

Movements in banks, financial institutions, sea related segments (some waves). Defence related issues, engineering, electrical and electronics, infrastructure, power, metals, cement, paint, automobile industry, and so many segments may show movements (on either side).

FMCG, Jewellery, cosmetics and leaf based products, communication, travels and other related segments like entertainment, media and logistics may be showing movements.

Mid-caps and small-caps may be doing better.

Indian Currency

Indian Rupee may trade in between 64.50 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.