Daily Forecast – Share Market – March 4th, 2014

Trading may start with Positive Trend

Three planets are transiting through the Nakshatra of Rahu, and seven planets are directly or indirectly connected with Rahu-Ketu axis, Lord of share market house Mercury is gaining strength, as well Venus is also in comfortable position, indicating some improvements in share market, maybe we can see buying in this market. Influence from foreign trades cannot be ignored, this will play important role.

I feel Pharmaceuticals, alcohol, liquor, fertilizer, leather; Jewellery related industries may be doing better along with engineering, electrical equipment’s, Textile and import-export related industries will be doing well.

IT, communication, hotel etc. with travel and tours will also be doing better. Vehicle, agriculture related vehicle manufacturer (Tractor) will be better, along with their allied industries like automobile tyres etc. Tea and Tobacco industries may also be better.

Since Rahu and Ketu are playing important role during these days so any time sudden changes or some news may affect this market, so trade with precaution or with strict stop-loss

Indian Currency

Indian Rupee may trade in between 61.70 to 62.60 per USD.

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