Nifty Prediction : Volatility Possible | Pressure not surprising | Market looking for direction

Daily Forecast – Share Market – December 13th, 2017

Volatility Possible | Pressure not surprising | Market looking for direction

Mercury retrograde is leading the day with Rahu and Mars, Moon and Ketu are supporting during the day. Action is in the house of share market, public related events and may be related with petroleum segment. Foreign cues may also be playing important role or if I say that sentiment of public or local political condition is influencing the market. Further impact will be seen on day after tomorrow.

I feel market is looking for the direction, because lord of the share market is facing total combustion, and will try to come out the influence of Sun, as the day progresses. So, trading must be with care.

Possibly, market may proceed with previous day’s movement. Hence, pressure is not surprising.

Action can be seen in many segments, and possibly some changes in trend after later part of the day.

Action can be seen in various segments, with Mid-caps and small caps too. Financial institutions, insurance, petroleum, alcohol, spirit, chemicals, Garments, FMCG and silk, travels and tours, logistics + media and many more segments will be active.

Trade with care. Market may look for the direction. Volatility is possible.

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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