Daily Forecast – Share Market – February 29th, 2016

Nervous Opening | Waves like movements expected

Jupiter retrograde is retrograde and leading the day with support of Venus, Sun, Saturn, Mercury, Moon, Mars and Rahu. Indicating that initially market may show down trend, or I can say opening may be on the lower side. This may include all segments.

Nervous moves are expected. Irrigation, agriculture, insurance, infrastructure, and power non-traditional may give better movement during the day. Sudden changes are expected due to Rahu.

Day is influenced with Venus and Sun + Parliamentary activities and I feel market may see ups and downs and range bound movements.

Government may feel weak to implement their desired agenda of improvements. This may be due to some statement by the Political persons. Judiciary will also be playing some role in coming days.

Electrical and electronics may be benefitted in coming days.

Indian Currency

Indian Rupee may trade in between 68.20 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.