Daily Forecast – Share Market – January 16th, 2014

Positive trend of the day to continue | Overall market may show positive trend

Mercury lord of share market house of natal chart of India is transiting without any shadow and exchanging aspect with Moon ie., Mood of the market may be for positive trend, indications from foreign markets will also be important, because lord of foreign link is affecting lord of the natal chart of India – Venus, so possibilities are that market may trade with positive attitude.

IT, Communication, Transport (inclusive of linked industries with Railways), Aviation and media with finance and banking industries may give positive mood to the market.

Infrastructure, power, mines and minerals with Vehicle industries and ancillary units or these mentioned industries and areas may perform better.

Agriculture produce and related industries like Sugar and eatable products; Pharmaceuticals and such industries – linked with pharmaceuticals and FMCG products may also perform better.

Indian Currency

Indian Rupee may trade in between 61.25 to 62.50 per USD.

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