Daily Forecast – Share Market – February 5th, 2018

Pressure Possible | Possibility at lower levels | Use waves

Moon is leading the day with support of Mars, Mercury, Ketu, Saturn and Jupiter. Indications are clear that mood of the market is shaky, may look for the opportunities from the lower levels. We may see some waves, looking for some cues to hold the breath of the market. Weakness after the eclipse and such previous runup is quite possible.

I feel day will be bit shaky mood. People may be looking for the opportunities at lower levels. Cues from abroad may be playing important role. Pressure, is possible in this period of time. Many segments will be showing movements, but on either side. Recovery part is also possible. It will be better to play wait and watch game. HULCHUL is still possible.

Leaf based or FMCG, Marketing companies, IT etc. with dairy products, optic fibre, communication system related segments may be showing some movements. Petroleum may show movement in next few days. Engineering, defence and many segments may show movements. Banks at the lower levels may be better.

Time to trade with care.

Indian Currency

Indian Rupee may trade in between 63.50 to 64.30 per USD.

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