Nifty Prediction : Time to hold good equities
Daily Forecast – Share Market – June 18th, 2014 Time to hold good equities Three planets are transiting through the nakshtra of Mars, and one from Ketu, influence from out of local trade/market will be more. Venus will be changing its position and will be moving into its own house after closing of market. Jupiter is at the last degrees in this sign, so due to planetary movements sudden un-expected changes in the market are possible. Venus will move to its own house of ascendant so improvement in India or government position is possible. This Venus is indicating possibility of some gain in strength of Indian Rupee or government may announce some positive policies for the nation. Mercury lord of share market is heading for total combust position, so will not be in a position to give direction but other issues or foreign related issues or issues not linked with share market may influence this local market of stocks. Market has given run up and any time can show some consolidation. I will prefer to go for Food related industry, or industries linked with foreign trades, sea related trades/transport/ports etc. because lord of Sea will be moving in the house of transportation. This Jupiter will also influence defence related activities so better to focus on defence related equipment, textile, agriculture related, non-traditional power and power related segments will be better. Market may further show some profit bookings. Trading with strict […]