Daily Forecast – Share Market – March 10th, 2021

Positive Opening expected | Allow Market settle | Profit booking on Upper levels

Moon with Mars and Jupiter is leading the day, well supported by Mercury and Sun. Tomorrow will be closed day for share market, due to Mahashivratri. That means, weekly closing will be today only. Market is influenced with IT, automobile, and foreign cues like Bonds etc.

Nifty may show positive opening, but I will not be surprised if profit bookings from the upper levels will be seen during the day.

Crude is maintaining its levels even after Profit bookings from upper levels. Day may belong to IT, logistics, entertainment, Leaf-based, chemicals, paints, solvents, carbon black, rubber, dairy products, space related, defence and many more may remain active. Keep a watch on banks etc.

It will be better to keep a watch on gas and related segments as and when required book profit.

Pharmacy, health related laboratories, hospitals, defence, metals, electrical and electronics, petroleum, insurance, health insurance (general insurance), and many more segments can be seen during the day.

Allow market to cool off before entering in any equity (cash wale).

Indian Currency

Indian Rupee may trade in between 72.60 to 73.30 per USD.

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