Nifty Prediction : Mid-caps, small caps may show movement | Nifty looks Positive with Volatility

Daily Forecast – Share Market – October 16th, 2018

Mid-caps, small caps may show movement | Nifty looks Positive with Volatility

Rahu is leading the day with support of Sun, Moon, Mars, Jupiter, Saturn, Ketu and retrograde Venus. Indicating that movements in almost all the segments can be seen during the day. Rahu may give volatility. Small caps and mid-caps may be showing their movements, Nifty may try to hold 10500 or previous levels.

Crude/Petroleum are point of concern.

Automobile, banks and financial institutions, with insurance and petroleum may be showing movements. Automobile tyres, tiles, paints, infrastructure, power, automobile ancillary units, IT, Logistics, communication instruments manufacturer, electronics and electrical may be showing movements.

Textiles, paper, sugar, engineering, leaf-based, lactose base, research and artificial engineering based segments/companies/areas may be doing better in coming period. Pipes, cotton, entertainment instruments, metal and related segments can show their movements.

Government has to look for proper steps to check unrest among people due to various reasons, which may affect market too.

Indian Currency

Indian Rupee may trade in between 73.30 to 74.10 per USD.

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

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