Daily Forecast – Share Market – October 30th, 2024 Nifty may show (again) buy from lower and trimming on upper levels Watch Banks and Financial Institutions Chhoti Diwali Ki Shubhkamnaye Rahu with Moon leads the day, well supported by Mars, Jupiter, Saturn and Mercury. Whereas Mercury has moved in Scorpio sign with Venus, indicating influence (support or weakness) of banks and financial institutions can be seen on the market. Is Liquidity same as it had one month back – flow ok or drying? Impact of bank of share market and financial institutions will be supporting Lagna of India’s Horoscope, and lord of lagna and leader of cabinet may be supporting banks and financial institutions. Possibly reward to support movements of the market. Indications are clear that movements for the banks and financial institutions may be supporting the market. Watch FIIs and DIIs. Previous working day, FIIs have suddenly reduced the selling in the market. Volatility in the market will not be a surprise. I must suggest (again – repeatedly) stop-loss at 24300 will be better. US market – still suspicious. IT sector is trying to avail the support of Artificial Intelligence. Trade may be deceptive, watch with care. Although Moon has moved to substantial distance, but emotional touch will be possible during the day. Demand in China may give again impact on the crude oil prices, if they will go down further – not a surprise (till Jupiter is transiting […]

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