Daily Forecast – Share Market – May 6th, 2014

Market may Show Positivity | Take care while going for Long positions

Planetary linkage is scattered, but indications for engineering related industries, hospital, pharmaceuticals, tea, automobile engineering related (ancillary) industries, selected banking and financial institutions, selected aviation related, IT, and communication related may show some positive moves.

Food related, may be industries related with fast food products may also show some good moves along with Textile industries, but I have reservations for Garment industries (as and when required book profit in Garment).

Small caps and Mid-caps are better, with metal related, infrastructure and cement related industries. My suggestion is to be watchful and take your guards, and look for long positions after 13:21 of 13-05-2014 or impacts may come after movement of Sun for 3 degrees and 20 mins that means after 3 and half days (Sun will move in Taurus sign – ascendant of India’s natal chart on 13-05-2014) of 13-05-2014.

Lord of finance and share market is transiting from the nashktra of Infrastructure, metals and related fields with vehicle industries. So, for the time being focus on this segment may show some movements.

Trading with strict stop-loss is for your safety.

Indian Currency

Indian Rupee may trade in between 60.0 to 60.80 per USD.

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