Nifty Prediction : Mid-caps and small caps can be better | Keep an eye on 7800 Nifty level
Daily Forecast – Share Market – December 17th, 2015
Mid-caps and small caps can be better | Keep an eye on 7800 Nifty level
After a month Saturn has come out of the conjunction of Sun, but Sun has moved to the house of Volatility, exchanging its position with Jupiter. Interestingly Mahadasha lord Moon is forming good yog with Jupiter. Indications are that Parliament may not be in a position to give any bill within a month or so, market has to be careful for any court decision which may impact any segment, as SC has given its verdict for Diesel cars/Vehicles or any other issues which may impact market.
Possibility of engineering, import-export based products may be better, petroleum marketing companies will be doing better with Jewellery, Gems, IT, communication, media, banks, Textiles, paper with silk.
Keep an eye on foreign trades. Market will enjoy impact of foreign reasons or I can say that in coming days foreign issues will be influencing our market hugely. So, better to keep a close watch on Geo-political conditions with financial decisions of US and China etc.
Our own parliament may not be in a position to give any clues. Opposition parties may have to face some interesting period.
Be watchful for the current one month. Book Profit as and when required. Market may behave range bound.
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.
Categories: Share Market