Daily Forecast – Share Market – October 14th, 2021

Market looks to celebrate Vijayadashami

Mars with Moon, Saturn and Sun is leading the day. Lord of the share market is in it is own sign and house, supporting the market, although is retrograde, but will try to protect/support the market. I agree that issues related to energy, which may hurt economy normalization in the coming period, even though this market is in better position.

Market may behave bit positively; foreign cues are better. Nifty may try to look for 18200 or so.

Currency is maintaining levels of above 75 INR per USD. Currency and energy crises is very important for the nation. We are also aware that scope in alternate energy is very high. Space, defence with IT, communication for the long run will be better, apart from traditional segments like FMCG, engineering, chemicals and Pharmaceuticals etc..Automobile, automobile tyres, EVs, lithium and other batteries, infrastructure etc. may remain active during the day,

Enjoy the day, possibly, market may give some next levels also.

Indian Currency

Indian Rupee may trade in between 75.00 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.