Daily Forecast – Share Market – January 31st, 2014

Day for watchful trading

Fall in Indian Rupee, impact from outside market and impact of Rahu-Ketu is clear on the market when lord of natal chart of India’s horoscope is ready to change its transiting direction, I feel market may further look weak. Downward moves in petroleum, infrastructure and its allied industries are possible.

Banks and financial institutions can further show some profit bookings or down trends. I will like to be watchful; IT, aviation, transport industries can show some positive movements along with media etc.

We may see some more decision which may further give more pressure on national debts (possibly today) because cabinet and leader of nation has no strength, so due to political reasons or appeasement reasons, pressure to announce some subsidy or such policy which may affect national debts further.

Be watchful for the day.

Indian Currency

Indian Rupee may trade in between 62.0 to 63.45 per USD.

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