Daily Forecast – Share Market – October 1st, 2019

Nifty may look for 11550 | Volatility not surprising

Mars, Rahu and Venus are controlling the day with support of Sun, Moon and Mercury. Ketu is winner in planetary war with Saturn. Which may give impact on Rahu and house of banks and finance. Crude oil may have some impact also. Rahu is strong. Spike or volatility or pressure on upper levels and buying at lower levels possible. Emotions of the market may change in the second half, before closing. I will not be surprising for the Positivity in the market for the day.

Tomorrow will be off day for the market, so market may have impact of the same. Foreign cues/FIIs/Import or export may have some impacts during the day. Keep a close watch on geo-political issues.

China’s horoscope is indicating some issues related financial movements or market may face some negative movements, because chhidra dasha and dasha chhidra both are active now. Financial issues or related to the finance movements or slowdown is possible till the end of the year. Secondly, transit of Jupiter will be in its own house (in middle of November 2019), which may give some political twist in USA.

Keep an eye on Judicial decisions also.

Movements in shipping/crude/Petroleum/research/insurance and many more may be seen after middle of November 2019.

It will be better to look for opportunities at lower levels. Market may be looking for some movements on date. Nifty may show some swing.

Tiles, infrastructure, automobile, banks at lower levels, agriculture and related areas, Paper, cement, spirit, alcohol, may show some movements. Keep watch on gas and related segments, Petroleum may show some movements. Keep a watch on PSUs, because neech Venus may give some hint or movements in PSUs.

Nifty may show some better movements. Possibly try to look forward.

Indian Currency

Indian Rupee may trade in between 70.40 to 71.30 per USD.

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