Daily Forecast – Share Market – January 25th, 2016

Market may try to open in positive mood | Market is trying to show + 2% movement in coming days

I do not think period is for long term trades.

Sun and Mercury are ruling this day, and Mercury is transiting at low speed, so will be giving slow movements and on 26-01-2016 will start transiting directly, that means will be ready to move forward and try to give some support to the market in coming days. That may give some advantage to Bank Nifty as well to market too, but on date Mercury is weak in speed, movement is slow, so can give bit slow movements.

Rahu and ketu are giving uncertainty to the market that means at any time can show volatility. Cues from foreign issues are very important, china is still weak, US is also not showing good signs, so it will be better to be watchful for the coming days.

Moon is indicating that IT, Transport, communication can be better during the day.

Infrastructure, Power, small banks, Aviation may also give some advantage. We can see some reversal in the market in coming days.

Crude is still deceptive.

I think market may show further upward movements on date.

Indian Currency

Indian Rupee may trade in between 67.40 to 68.25 per USD.

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