Daily Forecast – Share Market – July 6th, 2015

Low opening expected | Look forward to buy at lower rates

Rahu is key player for the day with Saturn retrograde. Rahu is transiting through the house of share market and lord of share market is in its own sign but just entered, but as the day progresses, this lord of share market will gain strength. Saturn is in the house of foreign trade etc. Indications are that this market may show confusions due to foreign issues.

I feel some indications from the government may give some boost to the market or strength to the market. Banks will be showing strength or better movements in coming days.

Automobile tyres may show some better movements, but it will be wise to be watchful during the day, because of the strong hold of Rahu.

Electrical appliances, Power, Pharmaceuticals, life science, agriculture related segment may be doing better.

For long term traders it’s a time to look forward to pick at lower rates but after watching properly. Or it will be better to follow wait and watch policy.

Jupiter will be changing in next 10 days’ time, so it may give impact on oil segment with Jewellery, Gems, treasury and shipping etc.

It will be better to look for mid-caps and small caps, but better to wait and watch.

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.