Daily Forecast – Share Market – December 29th, 2016

Government announcement & Foreign cues important | Nifty 8000 to 8100

Market is under the influence of Rahu, Ketu, Mars and Venus with support of Mercury which has just started moving away from Sun. Indications are that market may show different direction or may start showing some positive indications for the coming days. Range bound trade with Volatility and then one direction just before of closing.

Announcement from government in coming days may also going to give impact on this market. Or some news may be giving impact on the market.

Transport, communication, media and IT may show some movements (either side) with sea related segments. Petroleum may be showing some movements. Cues from foreign market may be important.

Keep a watch on electrical products with electronics etc. FMCG, silk, cotton and readymade garments are better.

Trade wisely.

Indian Currency

Indian Rupee may trade in between 67.80 to 68.60 per USD.

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