Nifty Prediction : Pressure due to Foreign issues | Trading with care is the key
Daily Forecast – Share Market – December 3rd, 2015
Pressure due to Foreign issues | Trading with care is the key
It will be better to keep a watch on China and US for the coming days. Saturn is still under pressure, Mars is pressurizing foreign trades/cues related issues, at the same time Mars is also influencing Petroleum related segment. Opposition in the parliament (upper house and lower house) will be pressurizing or disturbing functioning or Karma of the government. These issues are not positive for the working of stock market. Possibility of some changes after 11:46 Hrs (IST).
I will like to be watchful. Infrastructure, banks or education related segment may be better may be after 11:46 Hrs (IST). IT, communication, steel, logistics and transport related segment + entertainment can be doing better.
Overall I will like to be watchful during the day.
I feel pressure on the market cannot be ignored
Indian Rupee may trade in between 66.20 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.
Categories: Share Market