Daily Forecast – Share Market – February 13th, 2014

Lazy start in the Market expected | Indexes may not show much movements

Three planets are transiting through the nakshtra of Mars, and two from Rahu, Saturn is also involved with Ketu, so indications are that manufacturing and other reasons than the share market related activities or foreign related issues may affect todays and few more days to this market, Mercury is close to combust position, unable to give own impact to the market, indications are that index impact may be not so high, or movement may not be high.

Industries related to Sugar, fertilizer, engineering (mid-caps or small caps) will be doing better along with IT, communication, media with travels and tours industry especially mid-caps and small caps industries.

Insurance segment with banking may show some movement, but e watchful, it’s a time to buy at lower levels or trade smartly.

Market may further be affected due to some outside impact or some news within a day or two, my suggestion is not to go for long positions.

Indian Currency

Indian Rupee may trade in between 61.60 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.