Daily Forecast – Share Market – December 15th, 2016

Impact of foreign trade can be seen | Mix day expected | Nifty may show 8125

 Mars, Mercury and Rahu are in lead with support of Ketu, Moon and Venus. Indications are that market may show volatility.  Still trade may or behave better. Mercury is slowing down its speed; hence movements may be bit slow or trade may be bit low.

Impact of foreign markets can be seen clearly on the trade. IT, communication, logistics, transport, automobile segment may be bit low. Sudden movements in metals, infrastructure, automobile etc. will be interesting. Trade wisely.

Fertilizer, textiles, ready-made garments and silk etc. may be doing better. Chemicals, travellers bags manufacturer may also be doing bit better. Hotel and tourism may also be bit better from previous period.

Government agencies may be showing their aggressive touch, which may give confidence to common man but may give impact on few business tycoons (in coming days). Still issues related to common man will be cause of concern, which may influence market in the next week.

Indian Currency

Indian Rupee may trade in between 67.10 to 68.50 per USD.

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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.