Daily Forecast – Share Market – February 3rd, 2016

Pressure can be seen in opening | Book profit as and when required

Jupiter retrograde, Sun and Venus are leading the planets with support of Moon, Saturn and Mercury. Jupiter is indicating reversal for the gains in share market or may show pressure during the opening and advisable is not to buy at dip. Market is not comfortable, because lord of foreign issues is disturbing our trades. At the same time no positive information may come from government or any institution.

Jupiter is also indicating petroleum exploration may show pressure. Textiles, poly-products may also be bit better in the circumstances.

Transportation related may be better with electrical appliances and pharmaceuticals (small and mid-caps.

Trade watchfully, book profit as and when required. Nifty may show lower movements.

Indian Currency

Indian Rupee may trade in between 67.70 to 68.40 per USD.

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