Daily Forecast – Share Market – January 6th, 2014

Negative zone opening | Day of profit booking expected

Ascendant lord is falling towards the house of ups and downs in gains, and lord of share market is also in the house of gains and loss – so this falling planet (lord of the ascendant) may give a negative trend to the trade, we may see some profit booking, but lord of the house of gains / loss is indicating some gains in the products of the house like petroleum products & Gems related products, even I feel that even in this trend of profit booking, ancillary unit of Infrastructure unit like Cement may give some better moves.

I feel that pharmaceuticals, engineering, hospital and eatable products related industries may be better along with Agriculture related products.

IT, communication and transport may also give some better performance, but I will like to book profits on Power related industries, because affliction on the lord of power by Mars, and emotions due to some political reasons may not be good for the power industry.

Indian Currency

Indian Rupee may lose some more base and may trade in between 61.75 to 62.75 per USD.

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

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