Daily Forecast – Share Market – December 27th, 2013

Nifty may open in Negative zone

Mercury is close to total combust position just 1 degree and 14 mins. difference will be at the time of opening of market. Indicating some negative opening in the market is possible. Movement may not be so large or big.

Midcaps may show some buying and show trend of positive attitude of traders, but index may not show positive figures or may be for low movement of index.

I will still prefer selected banks and financial institutions, because Jupiter and combust Mercury are forming relationship, so banks may give positive touch, as well gas and petroleum may also give positive movement.

Vehicle, metal, minerals and mines with infrastructure and related industries may also be positive. Ancillary unit of Vehicle industry may also perform better.

Sugar, Pharmaceuticals and Hospital with Agriculture related industries may also give some buying along with engineering industries.

Indian Currency

Indian Rupee may trade in between 61.40 to 62.50 per USD.

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