Daily Forecast – Share Market – October 29th, 2018

Nifty may show Pressure | May trade in range of 9925 to 10125

Rahu and Saturn are leading the day with support of Sun, Mars and Ketu. Mercury and Jupiter are involved in planetary war. Indications for the market movements is not comfortable. If Nifty will breach 10000, or touch 9925 levels of Nifty will not be surprising. Which may alert/influence many stop loss. Indications are clear that trade with strict stop loss on either side. Planetary war is indicating that banking sector or market may show some pressure at any level. Political situations are also indicating to move with care.

Movements in Petroleum related segments, Paints, ceramic, metal, vehicles/automobile (either side), Spirit, alcohol, leather, paper, sugar, textiles, cotton, communication and entertainment instruments etc. may be showing some movements.

Movements in many more segments can be seen but direction can be either side.

It’s a time to wait for long term investment, let the market settle down. Currency may show some strength but may be for short term.

Indian Currency

Indian Rupee may trade in between 73.00 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.