Daily Forecast – Share Market – February 14th, 2014

Market May show positive moves | Be watchful while making long positions

Still seven planets are in the influence of foreign related and out-side activities related issues, lord of trading, finance and share market is now falling and treating like a falling planet, so I cannot think of strength in the Indian share market and financial segment. Mercury will be total combust on 15/16 Feb. 2014, indicating that interim budget may further impact negatively on this share market or National financial condition. So, while forming long positions be watchful and careful.

Interesting segments can be Agriculture related, sugar, pharmaceuticals, vehicles manufacturing tractors, allied industries (for the day), infrastructure related allied industries.

I will prefer to be careful with banking and financial segment, Petroleum sector is uncertain, I will prefer to avoid.

Today I will prefer to trade with small caps and mid-caps particularly companies involved in international trades, like garments, leather, FMCG, eatables etc. Market may show some positive moves due to outside market, but our strength – I am doubtful, so be careful while going for long positions.

Indian and global conditions are for disturbance in trade, business and other activities.

Book Profit as and when required.

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.