Daily Forecast – Share Market – November 8^th, 2013

Volatility | Negative trend is expected | Trade with Strict Stop-loss

5 Planets are connected with Jupiter and Venus axis, indicating that some volatility can be seen, unexpected movements. Financial institutions/Banks and Insurance segment may play an important role. Negative trend or Profit bookings are possible. Trading with strict stop-loss will be better.

Saturn is still in total combust position, so agriculture related products (produces) may go up, whereas irrigation, fertilizer or other related Industries may not perform well or mislead.

National debt or interest position is not good, this may further effect nation, so this may affect national economy and finally on Industries etc.

Foreign market impact is not ruled out.

I will prefer to be careful with Banks and financial institutions. Insurance segment may perform better. Power sector, Vehicles and Metals etc. along with related Industries may also show profit bookings.

Petroleum related Industry, gems and jewellery related industry may show some movement.

Indian Rupee

Indian Rupee may remain in between 62.0 to 63.25 per USD.