Daily Forecast – Share Market – June 5th, 2014

Dull beginning of market | Mid-caps and Small-caps will be better

Jupiter is indicating that petroleum related industries may be in mid-caps range, will be doing better, Sun is indicating that segments like power, vehicle allied industries, infrastructure allied, mines and mineral may give some better movements.

I feel that agriculture related like irrigation, fertilizer etc. may be doing well. Textile & Leaf related may also be doing well.

PSU sectors may be cause of some gains; few mid-caps in IT, entertainment may also be doing better, along with tourism and travels.

Insurance segments with finance and banks will be better for medium range, purchasing at lower rates will also be better, because Mercury is transiting from its own house of finance and banks etc.

Issues related to foreign trades may also affect local trade, so please keep a watch.

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.