Nifty Prediction : Market is Looking for 8200 Nifty level | Volatility is expected
Daily Forecast – Share Market – December 8th, 2016
Market is Looking for 8200 Nifty level | Volatility is expected
Planetary movements are same as yesterday. Only impact will be based on announcements from government/agencies and from abroad.
Trend from the previous day may give its next results.
I feel that market may try to move ahead, volatility is key for the day. Mid-caps and small caps may also be showing some moves. Banks are supposed to be better. Again, due to impact of Rahu and Ketu, even banks may ditch during the day. Period is for the financial activities.
Parliament and other working from government may not be effective, so that market may score some points.
Even though, I feel positive moves are expected.
FMCG, drugs, electrodes and electrical items, foreign related trend will be important for the period. Defence is decent. Judiciary is also weak. Paper, agriculture and fertilizer with textiles may be weak.
Indian Rupee may trade in between 67.10 to 68.00 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