Daily Forecast – Share Market – July 26th, 2015

Market may look to come down or breach – 8500 Nifty level

Five planets are transiting through Saturn retrograde, which is at the closest speed of zero, and from 02-08-2015 willstart transiting direct. This Saturn is supported by Ketu and then Mars with Sun. Indicating that market may have lazy mood of the traders or may show some down trends during the day, because ascendant lord is also at the slowest of speed because has started transiting retrograde. This may give some impact on currency, government etc.

Impact of foreign trades cannot be avoided, and this may give time to buy some good equities at lower rates. Time is trade bit watchfully. Government’s policies and stands may give some impacgt on the market.

Time is to look for specific good stocks, I will look forward for chemicals, fertilizers, silk, textiles, Media, and selected equities in IT segment. Insurance related segment or companies involved in such type of financial activities may give some better moves. Petroleum companies may be in better with offshore, shipping, or sea related companies may be doing better moves. Research related companies may also be doing better with travels and tours, transport etc.

Indian Currency

Indian Rupee may trade in between 63.60 to 64.30 per USD.

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