Nifty Prediction : Trade with care in either of condition
Daily Forecast – Share Market – October 5th, 2018
Trade with care in either of condition
Moon is leading the day with support of Sun, Mars, Mercury, Jupiter, Rahu, Ketu and Saturn. Almost all the planets are active, Venus is moving at the slowest speed, because from tonight will start transiting retrograde. Jupiter is close to changing its house, Mercury is also closing to change its house and sign. Planetary activities are high.
Impact of INR and crude is high, Or I say like this, “Impact of strengthening of USD” is more, because investors had withdrawn investments and possibly gone for foreign bonds etc. I agree that at the current period, out market has faced such correction, still in some areas is costly, so for the coming period, this may be little bit better. Opportunities in good equities at better prices is available. Still few equities may show negative movements.
Pressure of foreign issues will be important during the day. INR may be playing important role along with Crude.
Rahu-Ketu are indicating volatility. I will like to be safe. It will be better to wait and watch, till Jupiter changes its sign. Other planets will also settle down.
Importantly this Krishna paksha has one tithi (hindu date) is Kshay and Shukla paksha has one Adhithithi – so ULAT PULAT in the market is seen.
Indian Rupee may trade in between 73.20 to 74.00 per USD.
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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
Categories: Share Market