Nifty Prediction : Consolidation Possible | Mood is Positive | Market may look for upper Levels

Daily Forecast – Share Market – December 20th, 2017

Consolidation Possible | Mood is Positive | Market may look for upper Levels

Mercury, Ketu are leading the day with support of Venus, Jupiter, Rahu and Moon, after four hours Sun will also influence market. Venus is close to changing its sign and heading for the combustion. Possibility of consolidation in the market. During the week Mercury is losing its speed. Many segments may remain active.

Mood of the market is positive.

Banks, financial institutions, Petroleum based and related segments may show movements. Infrastructure, power, automobile and ancillary, biotechnology related segments, dairy, leaf based products and liquor, alcohol etc. may be active.

Possibility of Profit booking or consolidation can be seen. But buying from lower levels also possible.

Chemicals, pharmaceuticals and drugs based products may also remain active in either of the direction.

It will be better to get rid of weak equities.

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.

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