Daily Forecast – Share Market – February 11th, 2014

Lazy Opening on Positive side is expected

Eight planets are directly or indirectly in connection with Rahu-Ketu axis, Mars and Saturn, indications are that influence of foreign markets, foreign related trade, forex will be strong on this share market, we cannot ignore national debt and interest related issues on this local share market. Lord of share market Mercury is transiting retrograde, influenced with sudden activities; outside reasons of share market may affect this market.

I will prefer to focus on engineering, agriculture produce and related to agriculture, Pharmaceuticals, hospital and medical related industries, allied industries for infrastructure, Vehicle, metals etc. I will prefer for mid-caps, even in banking segments also.

Petroleum, import-export or any industry linked with foreign exchange or foreign transactions can give some movements, but I will be watchful for IT industries, aviation/hotel/communication and media industries etc.

Focus on Mid-caps will be better.

Indian Currency

Indian Rupee may trade in between 61.80 to 63.0 per USD.

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