Daily Forecast – Share Market – July 2nd, 2015

Buy on Dip | Market may show positive trend | Mid-caps and small caps are better

Saturn, Rahu and Mercury are leading the day with support of Venus, Mars and Moon, especially Moon and Jupiter are exchanging their houses. Indications are that market may show some positive moves.

I believe that jewellery, gems, petroleum, IT, communication, travels and tours with transport will be showing movements. We cannot ignore insurance segment too, importantly General insurance segment.

Agriculture related that includes fertilizer, tractor, irrigation, seeds and related segments can be doing better with textiles, paper and leather segment.

Pharmaceuticals, Infrastructure investment segment, Power generation, electrical and electronic goods manufacturer will also be comfortable.

It will be better to focus on mid-caps, small caps. While trading with high beta stocks be careful and watchful.

It will be better to focus on “buy on dip policy” for a while.

Gold may show some weakness.

Indian Currency

Indian Rupee may trade in between 63.20 to 63.95 per USD.

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