Decline in markets to continue in coming days | Rupee not looking good

Daily Forecast – Share Market – August 19th, 2013

Position of Share market

Head of the nation is looking for the house of share market, so government may try to take care of share market, so, on date some recovery can be seen. But be watchful, because this market can be deceptive in coming days. Financial condition of the nation is not going to improve in coming days. That may affect further this share market. Deceptive moves in the share market are possible. Be watchful while going for long position or intraday trading. It may go further down, because of some international issues as well due to nation’s financial position.

Government’s Role

Since government is not in a position to take any strong step to strengthen country’s economy, their focus will be on achieving political mileage from the finance, which may further effect national economy (according to the position of Jupiter, Saturn, Rahu and Mars).  This may further affect share market in coming days.

Currency and Bullion

Indian rupee may not be in a position to gain strength, may further slide. Gold may further go high. Silver will also be in better position.

Shares in comfortable position

Oil and Petroleum industry, metal, minerals and infrastructure related industry may be in a better position. Power, Vehicle may be comfortable in coming period.

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