Nifty Prediction : Market may show down opening | Volatility expected | Range bound trade

Daily Forecast – Share Market – December 8th, 2015

Market may show down opening | Volatility expected | Range bound trade

Saturn, Rahu Ketu with Sun are important for the day with Mercury and Moon. Indicating that malefic impact on the market may influence during the day, Saturn is still in the shadow so not capable of giving proper results.

I feel that leaf based like Tea may be doing better due to short in the market. Cotton may also show some positive moves. This may give impact on textiles, cotton garments etc. but Silk may be doing some better.

Power – non-traditional, vehicles and insurance segment can be doing better. Crude may show some pressure.

It is advised to book profit as and when required. Market is again showing indications for range bound trade of 7700 Nifty points to 7950 nifty points. If market will breach 7700 nifty points in coming days then I will not be surprised. Reasons are planetary moves (coming Jupiter and Sun relationship for Taurus), Geo political situations and cues from China’s economy due to Saturn Mahadasha of China.

Trade with care.

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.

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