Daily Forecast – Share Market – April 23rd, 2014

Overall Market may show Positivity | Consolidation & Profit booking at any stage Possible

Lord of Treasury Jupiter is in good position, and indicating some positivity for banking and financial institutions. Venus is also indicating positivity for vehicle, Paper, energy, and related field.

I feel, that PSU and Banking may also show some moves, but I will prefer for IT, communication, and Hotel and transportation industries.

Electrical, engineering, and engineering and power related to non-traditional means will be in better position (such as solar/wind etc.).

Foreign related issues may also influence this local market, just keep a watch on closing, because Ketu is playing an important role and may show some deceptive moves.

I feel mines and minerals with metals may also be better.

Trading with strict stop-loss is for your safety.

Indian Currency

Indian Rupee may trade in between 60.10 to 60.70 per USD.

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