Daily Forecast – Share Market – January 15th, 2014

Positive trend for the Market expected for the day

Mercury lord of share market and banks/financial institutions has almost come out of the shadow of Sun, so share market may take some clues from the international markets and then give own positive movements. Saturn/Rahu are well-connected with Jupiter so industries related to leather, engineering, agriculture and agriculture produces like Sugar industries etc. pharmaceuticals, and products from earth can also give some movements – such as coal etc.

Banking and financial segment may also show some movements along with petroleum. Since Mercury is coming out of the shadow of the Sun, so movement may be positive for the share market.

I feel import export and trading industries may also be positive.

Inflation index data indicates that eatables are under control but may be for a month or so. National debt position is not comfortable and impact can be seen from next month onwards.

Indian Currency

Indian Rupee may trade in between 61.0 to 62.25 per USD.

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