Nifty Prediction : Nifty is further looking for weak side | Volatility expected – Profit booking at any stage

Daily Forecast – Share Market – December 15th, 2015

Nifty is further looking for weak side | Volatility expected – Profit booking at any stage

Parliament may be better but Upper house may be creating issues for the bills etc. after 16-12-2015, which may give some impact on the market in coming days.

IT, entertainment, communication and communication related technical companies like manufacturing its products etc., engineering, non-traditional power, transportation, logistics etc. may be doing better with oil exploration companies. Hotel, travels and tourism with Tea, Tobacco or leaf based products with transport of all surfaces can be better.

We may see some positive movements in many segments. Since Rahu is also in disturbance zone playing its role, so at any time ups and downs can be seen during the day.

Crude is showing some positivity during the day, better to be watchful for long term.

Indian Currency

Indian Rupee may trade in between 66.50 to 67.30 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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