Daily Forecast – Share Market – January – 19th, 2016

Opening under Pressure | Nifty range 8375 to 8450 | Trade with care

Jupiter, Mars and Ketu are leading the day. Sun, Rahu and Mercury are supporting these planets during the day. Market seems to behave in positive mood. Will remain in range bound trend.

Ups and downs are also possible, reasons are same as Rahu and Ketu. Mars is also on the verge of changing its house and Saturn is also close to changing its house after two and half year or so. Hence, Mars is not giving much support to the market, even then impact will be seen.

Electrical and electronics, infrastructure, transport and related segments may be doing better along with building materials like tiles, cement and paints etc. Automobile tyres are also doing better.

Cotton, textiles, pesticides, spirit, alcohol, tobacco and other related segments may be doing better. Banks and financial institutions are doing better.

Indian Currency

Indian Rupee may trade in between 67.80 to 68.60 per USD.

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