Daily Forecast – Share Market – May 28th, 2014

Possibility of Mixed day

Importance of Mars/Ketu, Jupiter and Moon is equal, so again day will belong to watchful trading, market may show some consolidation and for some segments profit bookings.

I feel that electrical products manufacturing, automobile allied, iron related ie. Steel, mines and coal related, with transport related industries (allied) may be doing better.

Power segments related to non-traditional segments with traditional segments may also be doing better, with profit booking in some infrastructure related companies. Norms of market is not negative, but still a period for watch and move.

Mercury is indicating that political reasons are influencing banking and financial institutions, which may affect share market. Still I feel some PSU banks may see good movements.

We cannot ignore Pharmaceuticals and related instruments manufacturing industries.

We may see some selling in petroleum industries.

Trading with strict stop-loss is for your safety.

Indian Currency

Indian Rupee may trade in between 58.60 to 59.50 per USD.

Please like my Facebook page @ https://www.facebook.com/AnoopAstroSutra.

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