Nifty Prediction : Mood of the market is positive | Consolidation possible
Daily Forecast – Share Market – December 21st, 2017
Mood of the market is positive | Consolidation possible
Ketu with Mercury is leading the day with support of Jupiter, Rahu, Sun and Moon. Mercury is slowing down its speed for us, so impact of Mercury will slow down, where as Ketu is aggressive, with Jupiter, Rahu, Sun and Moon. Indicating that movements in many segments can be seen. This may give movements to Mid-caps and small caps along with other areas.
Although Market seems to be positive but may look for consolidation. But possibility of Nifty looking for 10500 levels is open.
This week seems to be positive.
Vehicles, electrical vehicles and electrical and electronics, infrastructure, power, cement, tiles and others may be active during the day.
Banks and financial institutions, petroleum, Gas, Garments, Pesticides and related segments like biotechnology and linked segments may be doing better or show movements.
Electronic gadgets and dairy products, FMCG etc. may be comfortable.
Indian Rupee may trade in between 63.65 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.
Categories: Share Market