Daily Forecast – Share Market – February 10th, 2021

Little bit of Volatility possible | Market may open with positive touch

Venus, Moon with Sun are leading the day, well supported by Rahu, Saturn and Mars. Foreign cues may be supporting the market, at the same time emotions of the market is improved than the day before yesterday. Importantly, impact of decent planets is leading the market along with the lord of horoscope – lagna. Only Jupiter is not active, otherwise entire horoscope is active. Indications are for better moves. I agree that Rahu may create some disturbance but can also give sudden or rise or steep moment for the market.

Nifty may look for 17550 or so and traders may enjoy the day.

Remember today is the RBI’s  policy day, so volatility is quite possible. Trade, accordingly, but news from government agency or bank may not be so badly affecting the market, because many issues are already digested by the market already (after budget session).

Areas of interest may be Banks, financial institutions, logistics, automobile, leather, power, infrastructure, alcohol, spirit, non-traditional segments, e-commerce, IT, communication, pharmacy (for investors), solar related, defence, space, satellite and many more may remain active including travel and related areas.

Trade with care, it’s a RBI’s policy day. Otherwise planetary position is comfortable.

Indian Currency

Indian Rupee may trade in between 74.50 to 75.20 per USD.

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