Nifty Prediction : Nifty looking for 8250 | Banks & Crude better | National issues important

Daily Forecast – Share Market – December 1st, 2016

Nifty looking for 8250 | Banks & Crude better | National issues important

Moon, Ketu and Venus are in lead, Venus is in its Mrit avastha and will remain in mrit avastha for next few days. Saturn, Mercury and Rahu are supporting during the day. Indirectly market is showing some issues or ups and downs due to some or other reasons.

Even though market moves in either side, I will like to be safe during the day.

Keep a watch on Mid-caps and small caps with Leaf, drugs and chemical + FMCG segments. Engineering products may show some moves.

Crude and petroleum with financial segments including insurance, mines and shipping or sea related segments may be doing better or movements may give some direction.

Keep an eye on foreign trades/activities too. We may see some movements in web related segments or communication or e-trade related field. I will like to be positive for e-trade for a while.

Next week we may see some strength to the Rupee. Parliament and related issues may disturb market.

Indian Currency

Indian Rupee may trade in between 68.30 to 69.10 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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