Daily Forecast – Share Market – July 8th, 2015

Impact from foreign trade may be seen | High beta stocks may give shock | Mid-caps and small caps may be better

Saturn retrograde is leading the day, which is losing its speed for us, because is heading for direct transiting. Indicating that market may be bit confused, because Moon is with Ketu and are transiting through the nakshtra of Saturn.

Other planets are supporting the Saturn. Since leader of the day is retrograde so, can show some reversal moves, so it will be better to trade smartly. Book profit as and when required. Look for good opportunities for good products at lower rates.

Mid-caps and small caps will be better. Oil and Petroleum products marketing companies may be doing better with engineering products. I will like to look forward for defence related sector with Fertilizer etc.

It will be wise to look for foreign trades and be watchful, but Mars is indicating that in coming days such pressure of foreign trade may be minimized or may not be giving much negative impact.

Chemicals, Rubber and related lubricants manufacturing segment may be doing better.

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.