Nifty Prediction : Market must discount Political pressure | Pressure possible on either side
Daily Forecast – Share Market – December 6th, 2017
Market must discount Political pressure | Pressure possible on either side
Mercury (retrograde) and Ketu are leading the day with support of Saturn, Jupiter, Moon, Rahu and Mars. Mercury has reversal moves, heading back towards the curve of Sun, for us closer to the Sun, hence unable to deliver as much as it should have given while holding leading position. Overall seven out of nine planets are active, which is remarkable. Indicating that movements by maximum segments can be seen, but direction can be on either side.
Banks, financial institutions and share market trend is not supportive. From this end pressure is possible. Other segments may be showing their movements, so again ups and downs can be seen. This downwards trend before Gujrat election (in the time of retrograde Mercury) is indicating that results of Gujrat results may favour the market.
Let the market discount further pressure of political movement of the nation.
Petroleum, foreign issues and trades, engineering, electronic gadgets, communication instruments, musical instruments etc. with Textiles, health care, agriculture related segments, pesticides, germs or biotech. Based segments may be showing movements. Logistics and travels and tours may have some pressure. Aviation and related fields may face some pressure with dairy products.
Trade with safe-guards/stop-loss on either side. Range of the trade may not be so high.
Indian Rupee may trade in between 64.10 to 64.80 per USD.
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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
Categories: Share Market