Daily Forecast – Share Market and India – October 16th, 2012

Share Market and India – October 16th, 2012

India is passing through Mahadasha of Sun, Anterdasha of Saturn, Pratyanter dasha is Mercury, Sukshma dasha – Rahu, placed in Seventh House

  1. Today is the day of Navratra beginning (Pratipada). Sun will enter in Libra sign on 17-10-2012. Thant means Lord of Parliament (ruling party) will enter with Saturn, ruler of Judiciary and Prime Person of ruling Government. Some issues related to Government or important person related to government may try to defy Judiciary or Government with in coming month.
  2. Sun, being Lord of the house of Land, property and Parliament etc. joining Saturn on 17-10-2012, again indicates opening of can of more scams or scandals related to Parliament, Government etc.
  3. Public unrest is indicated within coming month.

Share Market

  1. Better to book profits on Infrastructure, Land, Hotel related stocks, because lord of this house of India’s Horoscope will move with Saturn in sixth house.
  2. Share market may show strength but Rahu is playing its role, means stocks related to FDI will be better.
  3. Foreign Market may impact Indian market. Be watchful.
  4. Petroleum related share may give some positivity.
  5. Profit booking in time is advisable (For call and Put).

1 Comment »

  1. Regarding prediction number 1. of India – Ashok Khemka, IAS has raised certain issues.
    Chief Secretary of Haryana government has come to scene and said this transfer has nothing to do with Robert Vadra – DLF related transaction of Land. High Court order is one of the reason of transfer – as stated by Chief Secretary of Haryana Government.
    Issue has become a national news.

    Now Share Market –
    1. As advised for profit booking in time. Initially market was up in the be ginning but was under pressure and closed at Sensex (-) 0.73% and Nifty (-) 0.69% (closed at down)
    2. As predicted for land, infrastructure related shares – to book profit in time. These shares were under pressure, and closed in negative zone.
    3. In spite of this down trend Essar oil was in positive zone, yes other oil companies were under pressure.

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