Daily Forecast – Share Market – May 21st, 2014

Day to watch and move | Market may give opportunities to buy

Three important players are transiting from the Nakshtra of Mars, and Mars is transiting at minimal speed for us, because has started transiting direct from yesterday. So, I feel movement in share market may slow, not very strong moves. Mercury lord of finance will enter in its own house within two days, so I will prefer to look for shares of Banking and finance subject to available at lower rates or in mid-caps/small caps segments.

Sun in ascendant is indicating that industries allied like small caps or midcaps in cement etc. to infrastructure may give some positive moves, along with automobile allied industries.

I will still prefer to see in agriculture related or industries involved for power related segment like irrigation etc.

Impact of PSU’s may be better because ascendant lord is in comfortable position and is transiting from the nakshtra of Mercury lord of share-market. Textile may also do better.

I will like to move with wait and watch or selected companies or areas.

Trading with strict stop-loss is for your safety.

Indian Currency

Indian Rupee may trade in between 58.15 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.