Daily Forecast – Share Market – December 23^rd, 2013

Positive Opening is Possible | Automobile segment may do better

Mercury is combust and has exchanged its house with Jupiter and also exchanging aspect with Jupiter from its own house of banks and finance. Saturn has exchanged its house with Venus which is retrograde. Mercury is placed in the house of sudden gains; satta and profit from share market, but is combust. This position is indicating that market may show some gains, I feel some positive trend in the market.

IT, Hotel and tourism, Transport, communiction and media may give positive trend, this market may also be affected by some trend depending on foreign related issues. So, while trading keep a watch on foreign indications. Automobile and its ancillary units may also perform better.

Pharmaceuticals, Sugar, hospital, textile and engineering industries may also show some positivity.

Petroleum Industry will also show some positive indications.

Indian Currency

Indian Rupee may trade in between 61.50 to 62.50 per USD.

** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.