Daily Forecast – Share Market – August 4th, 2015

Pressure on the Market | Keep a close watch on Parliament and foreign trades

Saturn is strong for the day, Mars is also indicating some difficulties for the Parliament, Mercury is in the last degrees in this sign, so may not be supporting the market during the day. Impact of foreign trades or involvement of foreign issues may influence this market or companies involved in foreign trades or involved with foreign lands may also give impact on this market.

I feel engineering, agriculture; pesticides, paper, automobile tyres, vehicles etc. may be doing better. Parliament will not be supporting market, because of negative approach by political parties and criticism etc. will be spoiling the day and this may not be giving positive impact. I do not feel that any support from government or its machinery will be supporting market.

IT, communication, travels and tours with transport & media etc. may be deceptive during the day or may not be in a position to give support to the market or may try to pull down this market but Petroleum marketing and Jewellers may be better.

Petroleum and gold may see further slip in coming days. Venus is retrograde so, government has shown some reversal steps like in land bill etc. in coming days we may further see some more reversal moves by the government or leader of the cabinet.

Two hot planets are placed in the house of neighbours, so disturbance in border area is also possible.

Indian Currency

Indian Rupee may trade in between 63.60 to 64.25 per USD.

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