Daily Forecast – Share Market –October 4th, 2018

Nifty may try to hold 10800 | Buying at lower levels – sells on upper (possible)

Moon and Saturn are leading the day, with support of Sun, Mars, Jupiter, Rahu and Ketu. Venus is losing its speed for us, because is heading on curve and close to retrograde position. Indicating that impacts from the leader of nation may not be strong, which may lead to take some different steps in coming week. Market has impact of many players who are encouraging waves like environment. Jupiter will be switching over to new sign, may be giving impact on the lagna of nation, which will be important in various reasons, partnerships etc.

Rupee and crude are playing important role apart from internal reasons of banks and financial institutions.

Position is not much different from previous day, market may try to show recovery from previous levels and then pressure on upper levels will not be surprising for me. Hence trade with care. Market has already corrected around 1000 points for nifty, but not 10% till now. So, more correction may not be point of surprise, INR is again playing very vital role along with Crude.

It will be easy to say that action can be seen in many segments, but direction may be on either side.

Indian Currency

Indian Rupee may trade in between 72.70 to 73.60 per USD.

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