Nifty Prediction : Nifty may look for 10350 | Trade with care

Daily Forecast – Share Market – December 12th, 2017

Nifty may look for 10350 | Trade with care

Mercury retrograde and fallen, Rahu with Moon are leading the day, with support of Ketu. Mercury is not only retrograde and fallen but heading for total combustion. Indicating that this lord of the share market is not its own control, may need direction from other sources. Positive movements are there, but may be within limit. Rahu may show its influence for the trading and movement purpose.

Nifty may look for 10350 or 10360 levels, but traders must trade with strict stop-loss. Geo-political conditions and political conditions may be cause of sudden changes. Even mood of public in coming days may be cause of changes in the trade.

Movement in banks, financial institutions, public transactions, FMCG, leaf based products, drugs, chemicals, and dairy related segments, alcohol, aviation, transport with travels and tours, communication, IT and related field, garments, silk and bio-based segments may be active in either direction.

Other segments may also be trading but may not influence much.

Indian Currency

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.

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