Nifty Prediction : Foreign cues seems Positive | Trade with the wind & stop-loss

Daily Forecast – Share Market – October 15th, 2019

Foreign cues seems Positive | Trade with the wind & stop-loss

Venus and Rahu are controlling the day, with Jupiter, Mars, Moon, Mercury and Ketu. Internal position of the market behavior is not changed. No policy from the government has encouraged the market. Attitude of the government is not ready to believe or accept the fact of the nation related to employment. Only elections are not the key for the growth of the nation/public. I believe that National security is important along with the financial security of nation, common man and their livelihood etc. Earnings will give more business to the industries and which will generate taxes (direct or indirect) for the government.

Foreign cues/Investments may be interesting for the market.

Influence of the Venus and Rahu are indicating that there is some Virodhabhas in the thought process in finance and other related areas. We cannot always blame to international issues, whereas we expect that foreign companies must look for the consumption of our nation and Indian market, then why can’t our own companies exploit this huge market. Introspection is essential. I mean to say that foreign investments in industrial segment is required, but at the same time our Indian companies must be capable to exploit local market and compete with foreign market within nation.

Venus lord of lagna and Rahu in ascendant of India’s horoscope is justifying such confusion or difference of approach.

On date Rahu with Venus and Ketu may give positive as well sudden movements in the either side.

Movements in Banking, financial sectors, petroleum, automobile, fashion, silk, gas, insurance, IT, communication, dairy, FMCG, transport (either side), metals and related segments may be looking for positive move. I feel that market has chance to move up.

Suddenness is not surprising. Previous day also, from negative to market moves in the upper side, and by the latter part of the day, profit bookings. Today again, situation may change in the second half. Possibly, crude and related areas may face some pressure, which may give some advantage to oil marketing companies or related segments.

Trade with the wind.

Indian Currency

Indian Rupee may trade in between 70.60 to 71.60 per USD.

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

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