Daily Forecast – Share Market – January 22nd, 2014

Small caps and Midcaps – Better for movement

Ascendant lord Venus is retrograde, indicating that government may revert decision related to petroleum and gas, that may affect this industry for the short period, may be within 5-6 days’ time period.

Market is indicating that impact from foreign trades will be important, profit bookings or low movement may be seen in the market, possibility of small caps and mid caps will be better. IT, communication and travel with aviation may be doing some better.

Infrastructure, cotton-textile industries with pharmaceuticals will be showing some movement along with engineering industries.

Metals, minerals may also do some better, as well alliance industries of infrastructure, vehicles and power segment too.

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.