Daily Forecast – Share Market – June 29th, 2016

Local cues are supportive | Foreign cues may be improving in coming days

Jupiter, Venus and Rahu are in lead with Mars retrograde fallen but speed is very slow, Ketu and Mercury. Jupiter, Venus and Mercury are indicating that finance, insurance and banks may be small caps and private etc. due to local cues may be better. Foreign markets are indicating better but for Rahu and Ketu it is difficult to rely. I believe that market may be enjoying positive touch, but due to some or other reasons we can see ups and downs.

Ready-made garments, Textiles, silk related segments with banks, financial institutions, infrastructure, power etc. may be doing well. Engineering and electrical with import related segments may be better in coming days.

It will be better to keep a watch related agriculture and retail segments.

Pharmaceuticals and chemicals etc. with breweries may be better.

Indian Currency

Indian Rupee may trade in between 67.50 to 68.30 per USD.

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