Daily Forecast – Share Market – December 17^th, 2013

Positive mood in the market is expected

Moon will enter in Gemini sign and will form conjunction with Jupiter retrograde but giving aspect on the house of gains in share market or sudden gains, I feel some positive movements in the share market, traders will like to gain from the trade and share market may also show positive mood for the day.

Positive opening of Nifty is also possible. Jupiter and Saturn is indicating positive trend in Pharmaceutical related industries, industries related with manufacturing medical related instruments may also give some positive move.

Banks and financial institutions may also show some positive mood at least for a day or two, due to some administrative reason, because Moon is transiting from the Nakshtra of Sun.

Eatable products, Petroleum, and indications from foreign related issues will be important.

Indian Currency

I feel Indian Rupee may trade in between 61.0 to 62.5 per USD.

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