Daily Forecast – Share Market – June 17th, 2014

Watchful period | Better to avoid long positions

Four planets are in the nakshtra of Mars, Jupiter has two, Moon, Ketu and Sun have one each and indicating that influence of foreign influence, defence, import-export etc. will be high or influence from foreign trades or out-side from trade will be high.

I feel influence on FDI based issues, defence related industries, batteries, electrical equipment manufacturing, electronics. Mars is in the house of education so, education related industry may show some moves.

I will prefer for engineering industries, textile, batteries or related industries. Small or mid-caps in communication, tourism and travels may be doing better. I will be watchful for banks and financial institutions etc., Jupiter is close to change its house and is in the last degrees in this sign of Gemini. It will be better to be careful for petroleum & Insurance related industries.

Jupiter will move in the house of IT, Tourism, communication transport etc. so importance of such segments will improve – particularly for sea transport related or sea related or sea related neighbouring countries related segments etc.

Fertilizer and agriculture related industries may show some positive moves.

It’s a time to be watchful, because Jupiter will be changing its position after 19-06-2014.

Market may further show some profit bookings.

Trading with strict stop-loss is for your safety.

Indian Currency

Indian Rupee may trade in between 59.70 to 60.50 per USD.

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