Daily Forecast – Share Market – May 2^nd, 2013

1. Mercury is combust and heading for further afflicted position. I will prefer to be watchful while trading. It may be deceptive. Nifty may be high but I will be watchful. Lord of Banks and financial institution is Mercury and is combust (heading for more affliction). It’s not a time to go for long position. Be watchful.
2. Sun is in its exalted sign, so Indian Rupee may maintain its position. This will affect Gold, Petroleum, silver as well other products based on foreign currency.
3. Sun is in the close range of Ketu (degree wise), and Ketu is transiting from the Nakshtra of Venus, this may affect fertilizer and gold.
4. It’s a time to be watchful in share market.