Daily Forecast – Share Market – January 23rd, 2014

Opening in Negative Zone | Agriculture, Fertilizer etc. may be better

Three planets are transiting through the Nakshatra of Mars and two planets are from the Nakshtra of Jupiter, and three planets are well-connected with Rahu and Ketu, clear indications are that foreign trade will have good impact on the market, as well some news related to financial institution or government or RBI may affect this trading of the day.

Industries related to engineering, textile, pharmaceuticals, agriculture and its produces along with fertilizer and IT, communication and media may be doing better.

Industries linked with foreign trades or import export, Jewellery/Gems etc. may also be doing well.

I will like to be on the safe side for minerals, coals and mines etc. Regarding banking and finance sector, I will like to be on the safe side.

Profit booking is also expected.

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.