Daily Forecast – Share Market – December 7th, 2015

Market may try to touch 7800 Nifty Point | Volatility expected

Mercury has moved to Sagittarius sign and will be giving strength to own house of finance and banks etc., Saturn and Sun are leading the day with the support of other five planets. Indications are that market may trade with support of many fields and segments which may help this market to be positive or can give Gap-up opening.

Crude oil may show some downfall, which may give an opportunity to oil marketing companies to be positive. Banks and financial institutions will be better with infrastructure, metal, power etc. Breweries, Textiles and silk will be better.

One more point is important that Venus might give one possibility of bargaining with opposition to clear important bills in coming days. So, this will be positive for the Indian share market in spite of global adversities.

I will not invest for the long term in this situation, short term and according to local and geo political situation investment will be advised. China is still not well. Countries are involved or involving with Syria, which I had already mentioned in my earlier posts.

Indian Currency

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.