Profit booking – possible | Market Trend – Positive

Daily Forecast – Share Market – September 11th, 2013

 Profit booking – possible | Market Trend – Positive 

Mercury is indicating that Market may stay in positive trend; again I will prefer Infrastructure, Mines, Minerals, metals and Power along with selected Vehicle related industries. Banking and financial institutions may give some impact, but I will prefer to be cautious with such groups, because financial situation is tricky.

Profit Booking is possible, so prompt use of profit booking will be good. Market may stay in positive trend in coming days, because lord of share market is in its exalted sign, so positive trend may continue in share market.

Currency

Indian Rupee has gained some strength, but the point is how long this strength will sustain? Since, lord of financial house is transiting through its exalted sign, so we are getting some positivity in Indian Rupee, but be watchful while trading.

Silver and Gold

Profit booking may continue, but gold can be better. Copper and Red chilli will be comfortable.

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