Daily Forecast – Share Market – December 19th, 2017

Nifty Positive during week | Time to remove weak equity

Mercury with Ketu are leading the day, well supported by Venus, Moon, Jupiter and Rahu. Pressure from the political parties and public will be increasing on the leader of the nation. Impact may be seen in coming days. Announcements and policies may indicate accordingly. Which may influence local market – possibly positively. Yesterday, initial hiccups in the market might have provided strength to comeback. This hiccup has absorbed all the political gains, related to assembly election and covered the Nifty value of 01-12-2017 closing and 03-12-2017 opening.

I feel that Nifty may look to move further 0.5%. Day is positive, and I feel that for the coming period in Indian political situation, further balancing in power can be seen.

Petroleum and related segment may see some movement, Banks, financial institutions, share market related brokering houses, Insurance, research organization, Dairy based products, leaf based and liquor, spirit, chemicals and pharmaceuticals etc. may be doing better.

Garments, communication instruments, engineering, aviation related technical organizations, and many segments may show movements.

Mid-caps and small caps may also show their movements.

Indian Currency

Indian Rupee may trade in between 63.95 to 64.60 per USD.

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