Daily Forecast – Share Market – February 12th, 2014

Positive Opening is Possible for Nifty and Sensex

Six planets are directly or indirectly connected with the influence of foreign issues or other than the share market issues, so possibility of market will be affected with outside impacts, and since Mercury has started gaining strength and three planets are in connection with Jupiter and Venus, hence possibility of positive opening and market may be positive for IT, Transport, Railways, Media, Hotel and tourism along with allied industries of Transport and Railways.

Certain baking and financial institutions may also show some positive movements.  Sun is on the verge of changing its sign, and will move in the house of Parliament in mid-night, so can give the announcement of election related news, because Mars/Saturn and Rahu are also giving such indications, so that may give impact on market.

Taxation, interest or national inflation related news may also give some impact on the sharemarket, so be prepared for the sudden changes in the mood of the market.

Engineering, agriculture and related industries may give some gains, be watchful on Gas related industries.

I will prefer to buy at lower level for short term period, may be for a day or two. I will like to be watchful due to huge impact on this market of Rahu-Ketu with Mars, all are connected with outside activities.

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.