Daily Forecast – Share Market – April 21st, 2014

Lazy but Positive Start Possible | Consolidation also possible |Buying Opportunities also possible

Importance of Moon and Jupiter exchange of aspect is very important, very good combination for petroleum, Jewellery, and Gems related industries. We may see some good moves in petroleum related industries along with some banking stocks too. Insurance segment may also show some positive moves.

Three planets are transiting from the nakshtra of Ketu, indicating some deceptive clues from foreign trade may influence this market, but be watchful.

I feel, Market may open with some lazy positive move, consolidation of equities possible and then may show some buying in this market.

Leather, Pharmaceuticals, Engineering and electrical equipment manufacturer may do some better. Banks and financial services may also show some moves but be watchful and move according to the basics of companies.

Mid-caps as well small-caps may do bit better.

Trading with strict stop-loss is for your safety.

Indian Currency

Indian Rupee may trade in between 59.90 to 60.60 per USD.

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