Daily Forecast – Share Market – December 16th, 2015

Market may show Gap up opening | Market may show changes after 14:41 Hrs (IST)

Saturn, Sun and Mars are leading the day with the support of Mercury, Venus and Rahu. In the later part of the day Ketu will also be involved in the transaction. Impact of the planets in the opening will be good and we may see Gap-up opening.

Petroleum, Jewellery, Leaf – Tea etc. IT, communication, Hotel travels and tourism, with insurance will be better. Transport (all segments – surface, air and shipping) may be doing better.

Fertilizer, leather, Textiles, Gems, Paper, Alcohol based products can be doing better. In the later part of the day I feel silk can also be doing better. Keep a close watch on Defence related segment, this may show movements.

Vehicles may show mixed results, companies based on Diesel products may show some pressure, otherwise this can be a better day for Vehicles, Infrastructure.

Again it is not advised to go for long term trade. After 14:41 Hrs (IST), market may show some changes. IT, communication, Transport, media travels and tourism may show change in direction after 12:54 Hrs (IST).

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.