Daily Forecast – Share Market – February 22th, 2016

Budget based market movements | Travels and tours, Power and Agriculture 

Moon and Jupiter retrograde are forming a conjunction with Rahu, we can see a jump or high rise on day in the market, this event is well supported by Venus, Mercury, Moon and Ketu + Rahu.

Indications are that market may show movements in almost all segments. Secondly it’s a weak before Budget and Railway budget.

Movements may be seen in travels and tourism, Hotel, leather, irrigation, transport. Saturn and Mars are indicating that engineering, defence, textiles, silk etc. may be better with railways related segments.

Since, it’s a budget related week, so it will be better to pick only good stocks, so that this can give better advantage. Electrical, electronics, Fertilizer and agriculture based products can be better.

Oil exploration, can be doing better because we may see some movements in Petroleum/crude etc.

Indian Currency

Indian Rupee may trade in between 68.10 to 68.90 per USD.

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