Daily Forecast – Share Market – February 19th, 2014

Alcohol/spirit related Industries may trade better

Six planets are connected with three malefic planets, indicating good period for liquor, alcohol related industries etc. Mercury lord of Indian share market house is behaving like a falling planet, so unable to give any direction to the market, clues or connectivity with foreign related issues will be important.

Since budget was interim, so market may give short reactions on this budget, but has to wait for next government to form. It will be better to book profit as and when suitable rates are available in the market. It’s not a time to go for long-term trading.

IT, media, ancillary/supporting industries of power, infrastructure, vehicles, mines and minerals etc. will be better.

Banking and financial institutions may see some profit bookings.

Sugar, fertilizer, retail Industries, eatables, FMCG and Pharmaceuticals may perform better along with leather, import-export or industries related to foreign impacts may give some better results in coming days.

Market may face dull opening.

Indian Currency

Indian Rupee may trade in between 61.80 to 63.20 per USD.

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