Daily Forecast – Share Market – July 16th, 2015

Jewellery, Education etc. can be good | Mood is good but consolidation chances are there

Jupiter, Saturn and Ketu are key players for the day, supported by Moon also. Indications are that focus of the trade may base on Petroleum, insurance, finance and banks etc.

This cannot ignore Jewellery, engineering, Infrastructure, steel, mines, automobile sector (inclusive of tyres and other ancillary). Shipping, port, defence may also try to show some moves.

Power, Textiles, Agriculture and related fields like seeds, fertilizer etc., with this I will like to look for Paper and silk etc.

It will be wise to trade strictly with stop-loss because market may show some consolidation. Certain IT companies may also show some movements.

Be wise to trade with watch, because some consolidation chances are not denied.

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.