Nifty Prediction : Impact of Global cues Possible | Change in the trend after 3-4 Hours
Daily Forecast – Share Market – October 3rd, 2019
Impact of Global cues Possible | Change in the trend after 3-4 Hours
Venus and Mars are in lead but well supported or checked by Rahu, Saturn, Sun, Moon and Mercury. Debilitated (Neech) Venus is in its last degrees to change the sign and house, that means possibly this may not allow to give best of Lord of the council of ministers or cabinet etc. on date. Sun and Mars are indicating some issues related to common man and share market or linked areas may ignited and pressurising the business and market. Crude may show some pressure and currency may lose its base or may be bit under pressure.
Two days of working and then weekend. Change or direction for the day may set after 12:15 Hrs (IST). Initially pressure on the upper levels not surprising.
Foreign cues, geo-political situation may also be influencing our market and other issues. Keep a close watch on the geo-political situation and India’s geo-political issues/developments. Which may influence the market in coming period.
I believe that in coming period, government will be able to handle odd situations (financially and others). Pressure on banks or financial institutions is possible in coming period. It will be better to move with safe zone (long term traders) only. Since Rahu is active for a long period, so fluctuations can be seen in the market on daily basis. Chances may be better for coming day also. Leaf based and dairy products, silver or Pearl etc. may have better movement during the day.
Paper, leather, Pharmaceutical (at lower rates for better companies), electrical and electronic, defence etc. may be doing interesting. Keep a watch on automobile also. Banks may show better movement in the later part of the day or after 12:30 Hrs (IST). Look for Opportunities.
Indian Rupee may trade in between 70.60 to 71.50 per USD.
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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
Categories: Share Market