Daily Forecast – Share Market – September 7th, 2015

Market may be shaky but can show upper moves | Role of Local issues will be important

Jupiter will come out of combustion (Ast) position at 10:30 Hrs (IST), Venus has started transiting directly, indications were started one day earlier when government was able to give OROP decision. After this direct transition of Venus, all the Retired defence professionals have called of their ANSHAN.

Similarly, government will be able to show some results or take decisions now. At least cabinet will give some efforts to give decisions etc. or I can say result oriented moves from cabinet can be seen now. This may give some positive indications to the market in coming days. Jupiter will also show some indications. Market may be shaky, but I feel positive indications can be seen in the market.

Indian Rupee may also show some positive moves with crude.

Banks, engineering, electrical and electronics can show some movements with Vehicles, automobile tyres, allied industry of Vehicle. IT will also start showing some positive indications. Communication (for public) so this communication sector maybe weak, will also start showing some positive indications. Pharmaceuticals etc . will be doing better.

Volatility in positive direction is possible. I believe market will try move up-ward or better to say some positive indications can be seen in various segments.

Indian Currency

Indian Rupee may trade in between 65.80 to 66.70 per USD.

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