Daily Forecast – Share Market – January 20th, 2016

Market may show Negative Opening | Movements from lower levels Expected

Sun is leading the day with support of Rahu, Ketu, Venus, Mercury, Jupiter and Moon. I believe that pressure is still continued on the market and mays show recovery from lower levels, still time has not come to go for long term because Mercury is still behaving like a fallen plane.

Result based or foreign market based results are expected. I feel Power (non-traditional) can be better because of the involvement of non-traditional Rahu.

Volatility is expected. Vehicles may also show some positive movements. Electronic medical devices can also be better in coming days. Petroleum marketing companies are better, but crude may show some pressure.

FMCG can be better. Fertilizer is also indicating some better. I believe Airlines, transportation etc. can be better with leaf based products.

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.