Daily Forecast – Share Market – August 5th, 2015

Mid-caps and small caps can be better

Ketu and Saturn are leading the day with the support of Mercury and then Sun. I feel that market may be showing some ups and downs or may be deceptive or can show some volatility. It will be better to work with care.

I will look for automobile, automobile tyres, chemicals, laboratory related shares, mixed metals that include steel etc. + ancillary units of automobile. Moon is with Ketu so, can be deceptive for Hotels, communication, IT but can be good in coming days.

Mid-caps, small caps can be better. Tea, silk, textiles, paper, chemicals, drugs, pesticides can be better during the trading session. Venus is indicating that Parliament is still unable to give any positive direction to the nation and business related issues so impact on share market will not be good.

Electrical equipment, Power and electronics can be better.

Mars is in debilitated sign, so impact from foreign trades or foreign market can mislead.

Petroleum marketing and Jewellery can be good, oil exploration may not be so good.

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.