Daily Forecast – Share Market – December 30th, 2016

Nifty looking for 8150 | Trade with Stop loss | Sudden moves expected

Market has to move ahead in coming days. But influence of Rahu and Ketu is so high that market is wobbling. Mercury will remain in the same sign for some time, hence will bless house of banks and finance etc. During the period banks will be having better strength.

Market has given and may give opportunity to buy at lower levels, avail for 15-20 days point of view, but suggestion is to trade with strict stop-loss.

Foreign linked trades may show movements, leather, electrical, electronics and defence related segments are good and may show some movement. Cotton, readymade garments, braveries and related segments like spirit etc. will be comfortable.

Indian Currency

Indian Rupee may trade in between 67.40 to 68.20 per USD.

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