Daily Forecast – Share Market – January 11th, 2018

Currency under pressure | Market Positive but possibility of sudden changes

Jupiter with Sun, Ketu + Moon and Mercury are leading the day. Sea waves like day can be expected on date. I agree that many segments are active, sudden changes may give a trouble for gaining the advantage. So, it will be better to guard properly own profits. Trade to book as and when required. Wait for lateral movement.

Power, cement, infrastructure, renewable energy, transport all the surfaces. I will look forward for Railways related segment, but with a watch too.

Vehicle, automobile segment including ancillary and automobile tyres etc. Paint, chemical, rubber and synthetic based segments may remain active.

Except Venus, almost all the planets are supportive, being lord of the horoscope, this Venus can give sudden Jhataka or activate negativity (because Lagna lord is life of the Horoscope – this lord can be more influential at times than total planetary position – health of person/nation).

This is the time when one must be watchful all the times to book profit as and when required. Otherwise many segments will show their movements. Mid-caps are looking for new levels. Banks are active with financial institutions and Oil/gas etc.

(+/-) 50 of Nifty levels is possible.

Indian Currency

Indian Rupee may trade in between 63.40 to 64.00 per USD.

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