Daily Forecast – Share Market – September 3^rd, 2013

Better period for IT and communication Industry

Lord of the nation or ascendant lord of horoscope is Venus, placed in the house of share market is trying to control this market and in coming days share market may show some positive results. Because lord of share market is heading towards its own house and coming out of shadow of Sun. Lord of the nation will move to its own house on 06-09-2013, indicating some gains can be seen in the market due to unknown reasons or may be some wrong deeds in the share market etc.

Nifty and Sensex may enjoy positive trend, as well good period for IT industry, communication based industries, Travel and Transport along with Aviation etc. Sun (ruler/king/government/MD/CEO) in its own house is now started harming Vehicle, Infrastructure, Power, mines and Minerals etc. That means due to some policy or some announcement or some bill may harm trading of these industries. Be watchful while trading such industries. Positive trend can be seen in petroleum industry.

Medical and Pharmaceuticals may go up, due to some bills passed/proposed by the government

Currency

Indian Rupee may fall, although government is trying to hold, but has to fall/slide in coming days. We may see some flat transaction on Indian Rupee, but be watchful it may fall.

Gold and Silver

After some profit booking further rise in Gold, Silver, copper and Red chilli.