Daily Forecast – Share Market – October 21^st, 2013

Time to Book Profit

Mercury is at the corner of its movement for retrograde and moving very slow. I strongly believe that market may open in positive zone due to foreign related issues, but has to be either at flat stage, or mercury will force down pace of share market or be ready for the profit booking. Jupiter and Venus are showing strength or some movement in the market, but I will like to be on the safe side and take guards for Profit booking if required.

At any condition I will not like to carry this position on 22-10-2013.

Infrastructure, Power, Cement related, and certain banks may give movement but I will be watchful for the movements of banks, because Mercury is also representing Banks and financial institutions in India’s natal chart.

Metal and Mines may also be doing better. Agriculture related, Pharma and Hospital related industries may give better performance.

Aviation and IT may improve their position after 11.0 Hrs (IST)

Indian Currency

Fluctuation in between 61-62.0 per USD can be seen.