Astrology Prediction : Expected Flat Opening | Profit Booking Expected

Daily Forecast – Share Market – November 7th, 2013

Expected Flat Opening | Profit Booking Expected

Mercury is at the slow speed, as well lord of sudden gains Jupiter is at the  minimum speed for us and will be retrograde at 10:30 Hrs (IST), indications are Opening of share market on almost flat levels may be in negative zone.

I will prefer to be watchful on banking and financial sector, and book profits as and when required, because Mercury and Jupiter are at the minimum speed and changing their direction. Petroleum, Gemstone may see some movements.

National debt position is not good, hence inflation will be increasing, even though prices of equity have gone up, but valuation of equities in terms of USD is not profitable. Rupee is devalued by 20%+ and market has grown up around 14%, that means net loss during this period is 6% actual valuation wise. Theoretically yes, gains are reflecting.

Be ready to book profit if required, Agriculture related products such as eatables may further go up, but irrigation products or fertilizers etc. may see some profit bookings.

Infrastructure, educational, Power and related industries may perform better. Aviation may give some profit booking.

Indian Rupee

Indian Rupee may further lose its ground, and may trade in between 61.75 – 63.25 per USD.

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