Daily Forecast – Share Market – November 8th, 2021

Mixed Day possible | Watch on Non-traditional areas | buy on dips for long

Rahu with Ketu is leading the day, well supported by Jupiter, Mars, Moon, Saturn and Sun. Indications are that entire horoscope and all the planets are active. Market is opening after a long weekend. Mahadasha of Moon is active with anterdasha or Mercury. Indicating that activities in the areas of communication, IT, e-commerce, entertainment, and many more.

Rahu-Ketu combination is strong, which may give suddenness in the market and any volatility will not be surprising. Nifty, bank nifty etc. may trade within Range. Although, movements in many segments can be seen, because entire horoscope is active.

It will be better to say a mix day is possible.

I will be looking for the opportunities in areas of Insurance, IT, communication, automobile and power.

Areas like wine, spirit, alcohol, non-traditional areas, renewable energy, other sources for energy, aviation manufacturing, education, FMCG, electrical and electronics, EVs related areas, automobile tyres, power, coal, with pharmaceuticals, health-care laboratories, ready-made garments, cotton, communication instruments, silk and nature based products and crude oil etc.

Market may show some mixed results even then I may prefer to look for Opportunities on dip for long.

Indian Currency

Indian Rupee may trade in between 73.90 to 74.60 per USD.

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