Daily Forecast – Share Market – October 30th, 2018

Profit bookings on Upper levels | Opportunity at lower levels

Saturn with Rahu is leading the day, well supported by Sun, Mars, Jupiter and Ketu. Pressure in opening may not be surprising. Chances are that Nifty and other indices may try to hold their base levels. Rahu can give sudden or bulk moves in any direction, but other planets may try to balance. Mercury is defeated in planetary war but will come out of this planetary war during the day.

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.

IT, logistics, media and entertainment may give some advantage in coming two days.

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 73.20 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.