Daily Forecast – Share Market – December 12th, 2016

Open with Positive node | Nifty may look for 8300

Mars and Mercury are in lead with support of Sun, Moon, Venus, Rahu and Ketu. Indications are clear that market may look for the cues from the foreign trades and banks etc. Local activities may be giving some indications in the week end for the next coming days from 19-12-2016.

Nifty is looking for positive moves.

Market is looking for further moves in coming days. Within next two-three days IT, aviation, Petroleum, crude, sea related segments may be doing better. Media may also be doing better.

Saturn is trying to come out of total combustion position, which may slowly give indication that Parliament may try to resolve issues in coming days.

Market is looking to trade 8150 to 8500 Nifty levels during the week.

FMCG, Power, Automobile tyres, infrastructure etc. may be doing better.

Government machinery may be strong for further investigations in various areas for black money and related activities.

Note down value of Nifty of closing values and may show reversal moves in coming days. Same values can be observed around 08-01-2017

Indian Currency

Indian Rupee may trade in between 67.20 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.