Daily Forecast – Share Market – December 1st, 2017

Pressure possible | Breach/touch of 10200 Nifty level possible

Ketu is in lead supported by Mars, Saturn and Rahu, Mercury are also playing their role during the day. Mercury is slowing down speed for us, because is on the curve. Mercury has come out of the range of planetary war with Saturn.

Indications are that Market may feel pressure again, government agencies or news from the working of government may/might have hurt the sentiment of the market. Hence, pressure is possible but possibly not like previous day’s working.

Breach of 10200 of Nifty level will not be surprising. Banks and other segments may feel some pressure. Since, Mercury is slowing down, so I feel loss of the ground may not be much high. But it will be better to trade with stop-loss on either side.

Textile, Networking related, entertainment instruments or cable network, communication instruments, infrastructure, power may be doing better. Possibly, some changes can be seen after 14:27 Hrs (IST).

Trade with care on either side. Market may look for the direction in coming period.

Indian Currency

Indian Rupee may trade in between 64.30 to 64.90 per USD.

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