Daily Forecast – Share Market – October 11th, 2018

Market may see sell at upper levels | (-/+) 100 point in Nifty Possible

Rahu is leading the day with Jupiter, Mars, Sun, Moon, Saturn and Ketu. Jupiter is in the last degrees of its current sign and will be changing in the evening. So, some sudden moves, correction at upper levels possible. Geo-political condition along with the political situation of local government and authorities will be important during the day. News from abroad may be disturbing sentiment.

INR is losing control, looking for 75.00 per USD or heading towards this level. Rahu in lead – always gives me a indications for pressure.

Movements in all segments can be seen during the day, but point is chances of correction or profit booking at upper levels possible.

In coming period, we may see various changes in political utha-patak and partnerships, which may affect government too.

Time may give an opportunity to pick good equities at better prices and remove weak companies.

Nifty may show -/+ of 100 or so points.

Indian Currency

Indian Rupee may trade in between 74.00 to 75.00 per USD.

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