Daily Forecast – Share Market – August 6th, 2015

Market may further show some movement | Chances of consolidation expected

Ketu is passing through four planets, strongly supported by Saturn with three planets. Mercury and Sun are also supporting during the day. Saturn has started getting momentum slowly and gradually. Indications are that dissatisfaction, disturbances etc. will be disturbing nation and parliament, causing dissatisfaction in the business and manufacturing circle.

Electricals, electronics, watches, engineering, Textiles, cotton textiles, ready-made garments, and institutions related to foreign languages etc. may be doing better.

I will focus on engineering, leather, Jewellery, Petroleum marketing companies with Power (traditional and non-traditional), Agriculture and fertilizer, pharmaceuticals, Pesticides, tractor, vehicles and allied segments. Industries based on Petroleum Products will be doing better. Cement and related companies may also be doing better. IT, communication and transport will be better. Shipping and offshore related segment may also do better.

Indian Currency

Indian Rupee may trade in between 63.50 to 64.0 per USD.

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