Daily Forecast – Share Market – May 19th, 2016

Market is looking for a sudden change

Mercury is slowing down its speed for us, because on 23-05-2016 will start transiting direct, hence share market is not getting much strength from own resources. Venus and Sun are strong during the day and Venus will be moving in own sign in next trading session, so that may give strength to the government related issues.

Market may show sudden changes after 13:30 Hrs (IST). Saturn and Mars are retrograde hence indications from foreign market may be not guiding properly or may reverse the trade.

FMCG, Fertilizer, sugar etc. may be doing better in coming days. Entertainment may also be doing better in coming days.

Power, infrastructure and related segments may be doing better in coming period.

Indian Currency

Indian Rupee may trade in between 66.60 to 67.50 per USD.

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