Daily Forecast – Share Market – February 5th, 2014

Nifty may open Close to Flat

Seven planets are connected with Rahu-Ketu and clear indications of impact of outside market condition on Indian market. Rahu and Ketu are indicating some sudden changes in the market is also possible.

I feel, IT, Communication and related to communication industries, alcohol, Hotel and Tourism Industry may be doing better with media related industries. Regarding Banks and financial institutions, it is suggested to be watchful on either side (UP and DOWN), because Jupiter is in the nakshtra of Rahu as well lord of the banks/financial institution is also transiting through Rahu, so impact of national debt and other related aspects will be important, so this industry can give ups and downs. I feel results of the banks may not be appreciable or may not be encouraging especially for PSU banks.

Engineering, Agriculture, Pharmaceuticals and eatable and agriculture produce may be doing better during the day. Infrastructure, metal and mines with Vehicle related industries may be doing better, but ups and downs are possible. Vehicle or Infrastructure etc. industries if impact of foreign trade is good then will be doing better or may show some down trend.

Sudden change in market is also expected.

Indian Currency

Indian Rupee may trade in between 62.0 to 63.25 per USD.

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