Daily Forecast – Share Market – October 14^th, 2013

Positive Trend May continue

Venus lord of ascendant is giving strength to the nation, that’s why share market has improved a lot, now, Mercury is transiting through the nakshtra of Jupiter placed in its own house, indicating some better movement in Banks, since Mercury is with Saturn and Rahu, may be in private banks etc. Sun is in the second house from its own house and transiting through the nakshtra of Mars, placed in the house of Sun, so I feel, positive trend may be in Vehicle Industry, Infrastructure Industry, Metal, Minerals and Mines related may give better movement.

Moon is giving aspect to its own house, indicating some good movement in IT sector, communication sector, Hotel and tourism with Aviation may be in good move. Overall impact of the market may be positive, although flat or negative opening may be seen. Oil Industry may also see some movement.

Indian Currency

Indian Rupee may see some positive movement, and may trade in the range of 60.50 to 61.75.

Silver and Gold

Silver may trade positive and gold may see some volatility. Red chilli and copper may be positive.