Daily Forecast – Share Market – October 31st, 2023

Nifty may look for 19250 or so | Week may remain better

Mars with Rahu leads the day, well supported by Sun, Moon, Jupiter, Ketu and Venus. Geo-political situation may not be comfortable. But market may show some better movements. Impact of Lunar eclipse. So, Nifty may look for 19250 or so. Volatility is also possible.

Crude may also show some pressure or cool down in the market for the time being. Impact of Lunar eclipse may be at least till for one week from the date of eclipse and maximum period may be till the fortnight, this will depend on the movements of other planetary movements.

It will be better to look for the base and understand the basics of stocks then go ahead. It will be better to protect funds intelligently, despite of support from Moon. This Moon is forming decent relationship with Saturn, Venus with Rahu and Ketu. That means market is better emotions at least till tomorrow.

Results and other issues may be supportive to give better movements. Ups and downs also possible.

Segments wise – all the segments may remain active, because directly seven planets are active, and indirectly all the planets are active. So, we may see movements in all the segment. It may be less or high in company wise. Logistics and travelling may remain active with automobile, automobile tyres, sugar, alcohol, spirit, wine and related segments, and many more may remain active.

Nifty may remain active and look for 19250 or so. Ups and downs not surprising.

Indian Currency

Indian Rupee may trade in between 82.60 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.