Daily Forecast – Share Market – January 7th, 2014

Indexes may show some dull Opening | Better for midcaps and small caps

Ascendant lord of the natal chart of India is a falling planet, so I do not feel any own support for the nation or for the support to the market from local trends, but Jupiter is giving strength to its own house and to the lord of share market, so still I feel some vitality in the trade (may be not so high) but can be at low levels.

I feel Midcaps and small caps may be doing better than large caps because of falling ascendant lord and combust lord of share market.

Infrastructure related, Vehicle related, metal and mines related industries may be doing better (Ancillary units etc.), such as paint industry, cement, automobile batteries etc. Transport, Tourism, communication, entertainment and engineering Industries may be doing better along with eatable, FMCG with pharmaceuticals industries etc.

I will prefer to be watchful during the trade.

Indian Currency

Indian Rupee may trade in between 62.0 to 62.75 per USD.

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