Positive Trend after Profit Booking

Daily Forecast – Share Market – September 13th, 2013

Positive Trend after Profit Booking

Trend of profit booking may continue, but positive in the market is still indicated by its lord Mercury. This slow movement or negativity has two reasons 1. Poor growth rate 2. Fast run by Nifty and Sensex.

In my earlier posts I had clearly mentioned that due to some unknown reasons (because of involvement of Rahu) market may show sudden changes or steep changes. So, always be watchful, take care of such trends.

Industries related to Infrastructure, Power, Metal, Mineral and Vehicles related to agriculture etc. along with Petroleum products may be in lime light. Moon in eighth house and forming straight relationship for next two days is indicating that increase in prices related to petroleum products or they will be in discussion. So, such Industry will be in limelight.

Currency

As I had said earlier that Indian Rupee is not gaining strength, and may go down further, Indian economic condition is also not comfortable or may not be comfortable till second week of June 2014.

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