Daily Forecast – Share Market – October 30th, 2023

Ups and downs possible | Market may look for 19100 and test 18950

Again, Rahu is dominating the day with Mars, Venus, well supported by Sun and Ketu. The day is after Lunar eclipse, which was in the house of foreign lands of our horoscope, Mean value of Rahu indicates that will move in the house of Share market. Day will be indicating heavy influence of global activities (finance, political and disturbances etc. Since, lord of horoscope is also active with strength so, ups and downs may be seen.

China has played the role for US share market, they have sold out US bonds substantially, which had also affected the US market.

Last working day, market has shown recovery from the lower, that was the wave of high tide before the eclipse. Still, we may see some rise in the market, but heavy influence of Rahu and foreign cues/issues. Foreign cues are key for us because we are highly based on IT etc.

Results of giant company(ies) may drag the market to upside. But remember Volatility is quite possible. After eclipse period may be bit trouble some for common man, workers etc.

Nifty may look for 19100 and may breach 18950 also. It will be better to capitalize the results of the company and trade accordingly. Normally, Lunar eclipse gives rise in the levels of share market, but that was on 28/29 night. Crude oil may remain around 90 USD.

Indian Currency

Indian Rupee may trade in between 82.70 to 83.50 per USD.

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