Daily Forecast – Share Market – November 6th, 2018

Buying from lower levels Possible | Nifty may look for 10700 in coming days

Mars and Saturn are controlling the day with support of Rahu, Ketu and Sun. Mars has entered in Aquarius sign, indications are that impact can be seen on leader of the nation, opposition parties, ministers etc. So, it will be better to keep a close watch on political events at least for coming 45 days. This may show some Utha-patak in the trade etc. in coming period.

For the day, market may show some buying from the lower levels. But it will be better to be watchful, because next two days are not full working I mean, tomorrow will be Muhurt trading and next day will be close. So, it will be better to be careful and watchful. Still Nifty may show 10700 in coming period.

Textiles, leather, FMCG, Pharmaceuticals, paper, leaf-based segments, coffee, companies manufacturing tea or tobacco etc. may show some movements on the day. Paints, ceramics, infrastructure, cements, electrical and electronics, automobile, crude and related segments, shipping, communication and entertainment instruments etc. may be doing better.

Liquor, cotton, research and related segments may be doing better. Keep a watch on banking companies too.

Indian Currency

Indian Rupee may trade in between 72.60 to 73.60 per USD.

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