Daily Forecast – Share Market – January 9th, 2019

Nifty may remain positive | May look for 10875 levels

Saturn, and Venus with support of Sun, Mars, Jupiter, Mercury and Ketu are controlling the day (apparently). Indications are that Saturn is coming out of shadow of Sun, rise in crude oil prices may be seen which may influence Petroleum segments and related areas/products-based companies. Foreign cues may play some important role during the trading period.

Banks and financial institutions with sports, education, vehicles, infrastructure, power, and automobile ancillary, with Textiles, cotton, Electrical and electronics, pesticides or related areas, metals and synthetic material may be looking for some better moves.

Sea related areas like shipping and others may be looking for opportunity. Lord of IT, communication, and travels etc. is giving strength to own house for the day, but due to Rahu and Ketu some confusions or ups and downs can be seen.

Alcohol, spirit and wine related segments with FMCG can give some movements.

Indian Currency

Indian Rupee may trade in between 69.60 to 70.40 per USD.

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