Nifty Prediction : Not much swing possible | Mid-caps and small caps may be interesting

Daily Forecast – Share Market – December 22nd, 2017

Not much swing possible | Mid-caps and small caps may be interesting

Ketu with slowing down Mercury (retrograde) and Moon is leading the day, with support of Rahu and Jupiter. Mercury is heading for the direct movement, so speed of the lord of the share market is slowing down for us.

Possibly, market may not show much movements, further long weekend is ahead. It will be better to trade with care for the coming period on Tuesday. Judiciary can give surprising decisions. Which may further influence political movements and finally give impact on the market.

Movements can be seen in many segments, like Telecom, communication, media, IT, travels and tourism, logistics, banks (may be low and either side), alcohol, spirit, drugs, leaf based products, Petroleum products and oil with Gas etc. may show movements.

I will look forward for Mid-caps and small caps. Since, Mercury will be transiting direct, so impact can be seen on Tuesday’s market. I will like to be watchful for next working day in the market.

Indian Currency

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.

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