Daily Forecast – Share Market – October 12th, 2021

Profit bookings on Upper levels possible

Mars, Moon with Saturn are leading the day, well supported by Sun and Ketu. Impact of foreign cues, energy and other issues may give impact not only in Indian market but may also give impact on the global market.

I believe after previous day’s run up of the market, today we may see profit bookings. Impact of energy in coming period will not be surprising.

I feel it will be better to trade with watchful eyes and look for good opportunities at better levels. Liquidity in the market is still seen. Keep a strict watch on FIIs, DIIs etc.

Maximum sectors will remain active on either side.

Coal, power, logistics, space, defence, IT, chemicals oil exploration related companies, alternate energy related companies may be doing better.

Indian Currency

Indian Rupee may trade in between 74.90 to 75.80 per USD.

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