Daily Forecast – Share Market – August 20th, 2015

Mid-caps and small-caps will be better than Large-caps | Lower side movements are expected

Saturn and Ketu are key planets for the day with Mars, Venus, Sun and Mercury. Indications are that market may look for Profit bookings or I will say market is preparing for the take-off after 25-08-2015, when Mercury will move in its own sign and start supporting Share market and banks etc.

Market may be good for communication, IT, Retail business related segments with non-traditional power segment and non-traditional banking segments (Or they may be cause of some movements).

Engineering, agriculture etc. can be showing some movements.

It will be better to look for good companies at lower rates in coming days.

I feel better to look for booking profits as and when required and look for good equities at lower rates. Automobile allied companies with foreign related segment or it will be better to say that impact of foreign trades will be on our market.

I will also be looking forward for alcohol and related field. Mid-caps and small-caps will be better.

Indian Currency

Indian Rupee may trade in between 64.80 to 65.60per USD.

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