Daily Forecast – Share Market – November 7th, 2017

Nifty may look for upper levels | Expect – unexpected

Mars is leading the day with support of Moon, Jupiter, Saturn, Rahu, Ketu and Mercury. Two important and malefic planets are exchanging aspects – Mars and Saturn. Indicating some ups and downs related to sea based segments or may disturb public or share market or the level of politics and many more.

Movements in many segments can be seen, because seven out of Nine planets are active – positively or negatively. But this is also fact that mood of the market seems to be positive and may look for 10500 levels in Nifty in coming period. BUT important point will be cues from geo-political and sudden announcement from government (chances are less because government machinery is involved in some other activities).

Mid-caps and small caps may be active with other segments. I will like to be careful with communication segment.

Paper, pharmaceuticals, agriculture and produce from agriculture may be decent. Crude, insurance and related segments may be showing their movement. Banks and financial institutions are showing their strength, possibility of profit booking at upper levels.

Action can be seen in engineering, defence, electronic and electrical, communication instrument, musical instruments etc.

Emotions are positive, even then expect unexpected.

Indian Currency

Indian Rupee may trade in between 64.40 to 65.00 per USD.

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