Daily Forecast – Share Market – January 10th, 2014

Negative but dull opening expected

Ascendant lord (Venus) of the natal chart of India is a fallen planet and heading for total combust position, giving clear sign for that this share market may be guided by the news from the foreign trade markets.

I will prefer to go for trading with selected banking industries, infrastructure related industry, Pharmaceuticals (midcaps), engineering and automobile, metals and minerals etc. IT, aviation and media can perform better along with communication and Hotel Industry.

Sugar and eatable industry will also be doing better.

Period for watchful trading and with strict stop-loss.

Indian Currency

Indian Rupee may trade in between 61.65 to 62.75 per USD.

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