Daily Forecast – Share Market – January 19th, 2016

In spite of some positive moves Volatility expected | Market can show pressure

Sun is leading the day with Venus and Rahu, Ketu and Mercury are supporting too. Indications are market may face Volatility because of Rahu and Ketu, sudden changes are expected.

I believe crude is again not comfortable – mainly due to geo-political reasons. Power, battery, infrastructure, Vehicle, breweries, silk can be better. Pick only strong equities only at decent rates.

Due to Geo-political and crude etc. are influencing Housing and related segment, so it will be better to be watchful. Power related field – like finance also can be better.

If market will swing negatively to breach 7250 Nifty point then do not be surprised. Initially may show some positive moves.

Trade carefully (particularly small traders)

Indian Currency

Indian Rupee may trade in between 67.00 to 68.00 per USD.

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