Daily Forecast – Share Market – January 20th, 2014

Lack of confidence in the market | Outside clues can guide Market

Lord of the share market Mercury has come out of the shadow of Sun, but lord of natal chart is not in a position to support this market. Jupiter and Venus are exchanging their aspect indicating some ups and downs in Petroleum and banking segment. So, while trading in these segments be watchful and trade with strict stop-loss.

I feel IT, communication and hotel & tourism may be better (but may need some force or indicator) but aviation may give some negative moves.

Rahu, Saturn and Ketu are indicating that indications for alcohol, drugs (pharmaceuticals) and engineering with agriculture may give better moves. Infrastructure, power and mines and minerals may not be giving so nice movement.

I feel key is indications from foreign trade is important.

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.