Daily Forecast – Share Market – May 19th, 2014

Positive Trend continue | Possibility of Profit bookings also possible

Importance of auspicious planets is more than the malefic planets, so possibility of strong market is good. Impact of political movements will be seen in the market, regarding stability of government it was already mentioned @ http://anoopastrosutra.com/2014/05/15/astrology-prediction-will-bhartiya-janta-party-be-able-to-form-government/.

Now, lord of the nation’s natal chart is in its exalted sign and transiting through the nakshtra of Mercury lord of finance and share market is in the house of gains, indicating positive strength to the market. Venus is giving strength to the house of share market. Jupiter is giving strength to its own house of gains and no affliction on Jupiter, so possibility of positive moves and upward trend, but again possibility of profit bookings will also continue and buying opportunities at lower levels will continue.

Sun is indicating that infrastructure, power, vehicle related industries (allied) inclusive of automobile tyres will be doing well. Mining and minerals may also be doing better with off-shore related industries.

I will prefer to look for PSU banks and financial institutions, with IT industries and hotel and tourism industries, because Moon is giving strength to the house.

Jupiter is indicating that Petroleum and gas related industries may do better.

Textiles, agro-related industries and food related (inclusive of fast food) may be doing better.

Trading with strict stop-loss is for your safety.

Indian Currency

Indian Rupee may trade in between 58.0 to 59.15 per USD.

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