Daily Forecast – Share Market – March 15th, 2018

Positive opening | Sudden changes | Profit booking upper levels

Jupiter, Venus are leading with support of Rahu, Moon, Sun and Mercury (retrograde, combust and fallen). Indications are that Sun has moved in the sign of gains, which means support to Vehicles, metals, automobile, infrastructure and others by own lord will be missing. Similarly, Mercury very important planet for Banks, financial institutions and share market is now AST, retrograde and a fallen planet, unable to support own house etc. At the same time Rahu will be playing its role. Sudden changes will not be surprising. Change in the direction of movements in share market will not be surprising till end of the month.

Market has shown great runup after 05-03-2019. Now, possibility of profit booking can be seen.

Movements can be seen in Petroleum, crude, banking sector, Spirit, alcohol and related segments, sugar, leaf-based segments, INR showing some strength. Jewellery, Jewels and related areas, fashion segments, unorthodox segments, and many segments may show movements in either side.

Insurance and related segments, research and gas etc. with sports and education etc. may show movements. Basically, many segments are showing movements – but I will like to be careful for sudden changes in the market.

If profit booking will come, not surprising for me.

Indian Currency

Indian Rupee may trade in between 69.00 to 70.70 per USD.

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