Down trend for Nifty to continue

Daily Forecast – Share Market – September 24th, 2013

Down trend for Nifty to continue

Lord of share market and financial institutions will move in Libra sign, and conjunct with Rahu, Saturn and Venus from 25-09-2013, indicating that coming days market may be  more volatile and trend may be downwards. So, coming period may see down trend in Nifty and Sensex.

Today, Mercury is moving in the last degrees in its own house, hence not in a position to give proper results.

Industries related to Infrastructure, vehicle, Power, metals and minerals related may be in down trend. IT, aviation, transport related, media may do better. I will not prefer to go with financial institutions as well banks etc.

Food related industries may show some movement. Time is coming for the movement in petroleum Industry or some news may come from Petroleum Industry.

Currency

I don’t feel that Indian Rupee will trade positive.

Gold and Silver may trade in negative zone, copper will also be in negative zone.

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