Daily Forecast – Share Market – January 3rd, 2019

Market Opening – Gap-up | Profit booking – Wait & Watch

Venus is holding lead with support of Moon, Sun, Rahu, Ketu, Saturn and Mercury. This Mercury is giving strength to own house of banks and finance, which has shown its results in previous working day. Today Mercury is defeated in Planetary war with Jupiter and heading for one Navmansh distance with Sun on next working day. This may not allow to deliver best of the results for Mercury. Otherwise Lord of the banks and finance can give best of results in this regard or for share market etc. But still will be trying to give support to own house.

Thant means, this may give another positive day for the market. Seven planets will be playing directly and remaining will be indirectly involved.

Seven planets are active directly. Indirectly Jupiter is winner in planetary war and active because of Panchagrahi yog and axis of Rahu and Ketu. Crude may also show movements with gas etc. That means indirect active Jupiter but with combustion.

Anyways, I feel that market may give positive opening. Hold before going for profit bookings. Wait and watch will be better, Nifty looking for new levels now.

All the segments may be showing movements. Currency is under pressure.

We may see movements in automobile, textiles, sugar, beverages, IT, communication, metals, cement, infrastructure related, tyre, batteries, paints, biotechnology based etc. it will be better to say that maximum segments may be involved in movements.

Trade and enjoy. Nifty may move to another high levels may be repetition of previous day’s performance.

Indian Currency

Indian Rupee may trade in between 70.70 to 71.60 per USD.

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