Daily Forecast – Share Market – November 9th, 2020

Possibility of Happy Day for bulls | If dip – buy | Enjoy

Sun, Mercury, and Mars are leading the day, with support of Ketu, Jupiter and Moon. Lord of bank is transiting from the fifth house of banks and finances. Indications for better moves. Indications for another positive day. Only Mars is retrograde, otherwise indications are positive for the market.

Crude is moving at lower levels.

Market is showing movements, possibly may show decent opening during the day. Market may give support to previous day’s levels. In case any dip is seen, then may give opportunity of buy.

Banks, IT, financial institutions, education, automobile, automobile ancillary, two-wheeler, rural areas related segments may be doing better than the segments of Urban areas. Defence, construction, infrastructure, real estate, logistics, and many more segments may be showing movements.

Pharmaceuticals, laboratories, cotton, communication instruments, entertainment instruments, electrical and electronics may be doing better.

Keep a watch on companies’ number for the quarter. Chances may be better than the first quarter, so may be doing better.

Indian Currency

Indian Rupee may trade in between 74.40 to 74.20 per USD.

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