Daily Forecast – Share Market – February 16th, 2016

Market is Positive | Buy in dip for a while

We are heading for budget, and now we can see support from the global cues, Mars is giving support to foreign market and issues and giving impact on the nation. Sun is strong with support of Jupiter which is ready to change its nakshtra, so I feel that market is further looking positive and well supported by Mercury which has regain its position with support of Moon and Mars.

Indications are that infrastructure, power, vehicles, metals, IT, communication, transport may also be doing better with Education related segment is also important.

Electrical, electronic, media, may be better with agriculture related and its produces. I will look forward for Vehicle appliances, automobile tyres, batteries and paints etc.

Pharmacy and health care with finance related segment will also be better. It will be interesting to look for plastic based products.

Utilize this time to get rid of weak companies and enter in good companies.

Trade with guards/stop-loss.

Indian Currency

Indian Rupee may trade in between 67.80 to 68.50 per USD.

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