Daily Forecast – Share Market – September 23^rd, 2013

Nifty may trade weak

Ascendant lord Venus is still transiting through the Nakshtra of Rahu and again seven planets are influencing or influenced by Rahu and sixth house; indications are that market may further be affected due to interest policy of RBI and poor economic condition of the nation. Production level and disturbances or some unexpected and sudden reason may hurt this market.

Lord of the share market is exchanging its Nakshtra position with Mars and Mars is exchanging its house with Moon, but afflicted by Saturn, indicating that influence from foreign market may affect this share market, particularly IT, communication and Aviation related industries.

Infrastructure, power, metal, minerals and related fields may trade in lower zone. In coming days petroleum industry may further give some hike or jump etc.

25-06-2013 onwards market may further go down.

Currency

Indian Rupee – I do not see any strength and may further go down.