Daily Forecast – Share Market – December 16th, 2016

Nifty May be bit low | Market Mood for Mid-caps and small caps better

Venus and Ketu are in lead, with support of other five planets that includes Rahu. Volatility or sudden changes in the trade pattern is expected.

IT, communication, FMCG, logistics, transport and related segments may be doing better. Drugs, chemicals, leaf related products and readymade garments with silk etc. may be doing better. Banks may be bit slow, hence trade wisely.

Sudden moves can be seen in automobile segments including automobile ancillaries etc. Automobile tyre looks bit positive.

Metals etc., electrical and electronics, leather, dairy products are better. Nifty is also in better moods. Banks may be slow, that may give impact on the trade.

Indian Currency

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.