Daily Forecast – Share Market – August 14th, 2015

Improvement in Market is expected | No support from Government policies

Mercury and Saturn are controlling the day with the support of Ketu, Sun and Venus. Jupiter is indicating that situation for treasury, petroleum and gold may not be good. But Jupiter is giving indications that Jewellery may be doing better, but gold and oil may be not strong enough. Petroleum companies and Jewellers may be doing better.

Rupee is not comfortable, may show some gains due to Profit bookings of USD, but situation is not comfortable.

Engineering, Pharmaceuticals, Textiles, chemicals, Insurance, laboratory involved in research and forensic related issues may be doing better. IT, Travels Tourism, Hotel, transport including shipping etc. may be doing better.

Power (non-traditional) and traditional may be doing better with Vehicles and its allied segment. I will like to look for Vehicles, Cement, infrastructure, Paints and automobile tyres at lower rates, because in coming days this segment may show some better moves along with metals etc.

Chilli and copper etc. may show some better in coming days.

Indian Currency

Indian Rupee may trade in between 64.50 to 65.30 per USD.

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