Daily Forecast – Share Market – December 28th, 2016

Nifty range may be 8000 to 8075 | Trade wisely | Strict stop-loss advised

Petroleum and crude may have some impact on the market. Market has heavy malefic influence. Lord of Share market is unable to show direction. Despite all this movements in petroleum will be one important factor for the day with IT, communication and entertainment segments.

Defence, electrical and electronics etc. with be better with FMCG, Agro-products or agriculture produces based companies.

Textiles, cotton, garments, silk, paper etc. may show some movements. Sports etc. may also be under pressure. In either of the condition (direction wise), I will like to trade with strict stop loss on either side.

This opinion has reasons, based on the heavy involvement of Ketu and Rahu (both).

Indian Currency

Indian Rupee may trade in between 67.40 to 68.10 per USD.

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