Daily Forecast – Share Market – December 19^th, 2013

Possibility of Positive Opening of Nifty | May trade positive

Five planets are in the axis of Jupiter, Moon and Sun and connecting with the share market with, sudden gains and banks, financial institutions etc. I feel that it’s a day to have positive opening and trade in positive manner, particularly for financial institutions and banks etc.

Petroleum related industries may also move with positive trend, Infrastructure, vehicle and ancillary industries with metal and minerals may do better.

I will like to book profits in Pharmaceutical and related industries along with eatables also.

Industries related to export or import may do better.

Since, three planets are forming relationship with Rahu –Ketu axis, so I feel that the impact of foreign markets will be important, so keep a watch on indications from foreign lands and market.

Trade with proper stop-loss, because market may take a turn also (possibilities are less but take guards).

Indian Currency

Indian Rupee may trade in between 61.50 to 62.75 per USD.