Daily Forecast – Share Market – March 12^th, 2013

India is passing through Mahadasha of Sun, Anterdasha of Saturn and Pratyanter dasha of Mars till 26-3-2013. Mercury is still Retrograde and will be direct, so market may slow down its pace after 14-3-2013.

1. Market may slow down in the later part of the day or after a day. Because Mercury is close to direct transit. For us it will be slowing down its speed, so normal movement (+/-) will be checked. Better to watch for profit booking.
2. Good period for Power, infrastructure, Metals, minerals and Vehicles etc. Four planets are transiting through Nakshtra of Jupiter, indications that petroleum companies may be in lime light for few days.
3. Gold may be in down trend as well Silver may improve its position. Indian Rupee may be bit low.
4. Be watchful in Nifty and Sensex trading, because Mercury is close to losing its normal speed and may affect pace of the trade.