Daily Forecast – Share Market – January 21st, 2014

Positive Moves expected

Mercury lord of share market for India’s natal chart has come out of combustion, and is capable of giving own directions and positivity to the market too. Four planets are connected to Saturn, Rahu and Ketu axis. Indicating that importance of Textile, engineering, agriculture, Pharmaceuticals, FMCG, along with fertilizer may perform better.

I feel IT, communication, media, Hotel Industry as well transport may also do better. Banking and finance will also give some positive move. Infrastructure, metals, minerals and ancillary units may be also giving some better moves.

Revert policy on petroleum and gas is expected because Jupiter and Venus both are retrograde, so that may give some change in petro-products within 7-8 days’ time.

Be watchful for any foreign market news or any news, that may affect market in either side.

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.