Nifty Prediction : Possibility of profit booking on upper levels | Trade with the wind
Daily Forecast – Share Market – December 11th, 2017
Possibility of profit booking on upper levels | Trade with the wind
Mercury retrograde, and fallen planet is leading the day with Rahu and supported by Sun, Moon and Ketu. Indications are that since, lord of the share market and bank has fallen back, heading for combustion (total) within this week, so fluctuation and lack of support from the lord of share market and banks can be seen. Other planets may try to give boost to the market or move forward, but without proper support from the lord. Importantly, Rahu can do anything which is unexpected.
Movements can be seen in Vehicle, Power (electric and political 😊), infrastructure, cement, tiles and related segments like paint. Automobile ancillary, tyres, and batteries may be active. Garments, biotechnology based, bacteria related and leaf based, IT, communication and logistics etc.
Action in banks and financial institutions (on either side) can be seen. I will prefer to be watchful for the trading purpose.
Education, sports and related segments may see some pressure.
Trade with care. This may show sell on rise and buy on dip.
Indian Rupee may trade in between 64.25 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.
Categories: Share Market