Daily Forecast – Share Market – January 15th, 2021

Market still positive | Trade wisely on both sides

Moon, Mars with Sun is leading the day, well supported by Venus, Ketu and Mercury. Indications for foreign cues cannot be ignored during the day. Pressure/Volatility is possible during the day. This does not mean that market may not come up. Budget is still away. Hence, market now may show fluctuations etc. Time to look for Opportunities at lower levels.

Indications for IT, leaf-based, logistics, entertainment and related areas may remain bit better during the day.

Many segments may show movements on either side. Pressure will not be surprising. Look for Opportunities in coming period. Near about budget, market may be tricky. During that period only professional traders should move; casual traders must be watchful.

IT, communication, automobile, Infrastructure, power, realty, dairy, farming (including of Honey etc.) may remain better for the period. Government may remain under pressure, Judiciary – not expected to give any strong decision within one month or so.

Chemicals, Pharmaceuticals, Laboratories and metals, products from earth will be better in coming period. Keep a close watch.

Trade wisely on both sides.

Indian Currency

Indian Rupee may trade in between 72.90 to 73.70 per USD.

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