Daily Forecast – Share Market – June 4th, 2014

Positivity can be seen in the Market | Opportunities in Midcaps

Three planets are transiting through the nakshtra of Ketu, one in Mars – indicating that impact of foreign trades or foreign trade related industries may be influencing today’s market. Jupiter and Mercury are indicating that influence of PSU’s cannot be avoided. Fertilizer, IT, communication can also be doing better.

Alcohol/breweries may also be doing better, banks (PSUs), insurance segments may also be better.

Electrical goods manufacturing industries, allied industries to vehicles and allied industries to infrastructure may also be better in the day.

I will suggest you to be careful in communication, but for tourism and travel industry may also be doing better, mines and minerals will be better.

I will prefer to go for fertilizer segment for the day.

Trading with strict stop-loss is for your safety.

Indian Currency

Indian Rupee may trade in between 59.00 to 59.80 per USD.

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