Nifty Prediction : Nifty is Looking for 7975 mark | Banks will be better

Daily Forecast – Share Market – December 1st, 2015

Nifty is Looking for 7975 mark | Banks will be better

Mercury and Sun are stronger than Saturn combust, giving positive indications for the day. Further indications are that from 04:01 Hrs (IST) on 02-12-2015, crude or petroleum will be showing its impact on the market.

Banks, financial institutions, IT, share market, education, electrical, vehicle and automobile related segment may be doing better. Pressure of opposition will be on the working of parliament, Rajyasabha and on some Judicious issues.

Saturn will come out of Sun by 1 degree so, impact on leather can be seen with paper.

Jewellery will also be better with Cement and construction and infrastructure can be better.

Indications from foreign issues may drive local market with some positive indications but it will be wise to keep a close watch on foreign issues particularly on China because their finance related issues may continue at least till 16-02-2015.

Indications are that Government will be gaining strength in coming days too.

Indian Currency

Indian Rupee may trade in between 66.30 to 66.90 per USD.

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

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