Daily Forecast – Share Market – December 20^th, 2013

Watchful day for trading | Possibility of Negative Opening for Nifty

Moon is transiting on its own house, indicating that IT, communication, transport and Hotel & tourism may do better along with Aviation. Banks are influenced by administration lord so, some interest related issues may come to affect this market at least for the day, banks like SBI, HDFC etc. may see some profit booking.

Venus and Saturn are exchanging their houses whereas Mars and Mercury too are sharing their houses. I feel Sugar Industries, agriculture related industries may give some advantage, national debt position is not so good, so I will not prefer for fresh buying (for new comers in the trading). Mercury will be changing its position after closing of market, so I will prefer to be safe, but Jupiter and Mercury will be exchanging their aspects so possibility of some better trend after Monday ie. 23-12-2013. (Mercury will be giving strength to its own house of banks and financial institutions – I feel will be positive)

Impact from foreign trade will further influence Indian share market, so keep a watch on that market trend.

Indian Currency

I feel Indian Rupee may trade in between 61.55 to 62.75 per USD.

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