Daily Forecast – Share Market – July 15th, 2015

Mid-caps & small-caps can be better | Nifty may try to touch 8500 Level

Rahu, Ketu, Saturn and in the second half Jupiter will be playing important role for the trading and share market/commodities purpose.

Indications are that education or segments related to skill providing or giving fineness to the knowledge can be in better position. Pharmaceuticals, storage related (based on petro-products – synthetic products) can be better.

Segment involved in alcohol, Textiles, Silk, Petroleum, Jewellery, Gems, Insurance, banking and finance. I feel that in a week or so banks or financial institutions may face some pressure, which may be important for share market.

Vehicles, Transport, Mines and coal, shipping with engineering, can be better. I will still prefer small-caps and mid-caps. High beta stocks are for aggressive traders (for a while).

As mentioned yesterday that Petroleum will show movements – so, this can be seen today also.

Nifty may try to touch 8500 level.

Indian Currency

Indian Rupee may trade in between 63.00 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.