Daily Forecast – Share Market – August 11th, 2015

Market may show some positive trend | Time for the focus on good companies

Ketu and Saturn are leading the day. Indications are that due to some unexpected or non-friendly alliances may treat as supporting partner to clear some important document, because Ketu is in the house of clearance to documentation related issues. So, one chance is to give support to the market, but still Venus is ready to fall in the previous house on 13-08-2015 after market hours. Indicating that if government has to do any clearance then has to be done before 13-08-2015, otherwise it may be bit difficult for some more period.

I will be looking forward for Power related segment, engineering, drugs, chemicals, pharmaceuticals, FMCG/Retail with silk, textiles. Jupiter is indicating that movement in petroleum-based and related products or exploration related segment.

Agriculture, seeds, irrigation and related segment can be better during the period.

Market may try to give some positive movements with due to foreign lands related market. But still I am not confidant for the foreign support or foreign related issues for our Indian market, because lord of foreign lands is debilitated so can deceive. It will be better to bank on Indian trends or results of the companies.

After 25-08-2015, lord of the share market will be in its own house, so possibly will give support to banks and share market positively.

Indian Currency

Indian Rupee may trade in between 63.40 to 64.10 per USD.

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