Daily Forecast – Share Market – December 4th, 2018

Nifty seems Positive | Volatility possible | Range of (+/-) 60 points

Rahu and Saturn are leading the day with support of Sun, Mercury and Venus. Mercury is retrograde and slowing down its speed (for us). Involvement of Rahu strongly, may give volatility. It will be better to keep a watch on crude and currency movement. USD may be dearer. Impact can be seen accordingly. Market is trying to go back to upper levels for a while.

Banks, financial institutions, textiles, pharmaceuticals, paper, agriculture produces, power, metals, cement, ceramics, spirit and related segments, alcohol and related areas may be influenced, and movements are expected.

Communication, IT, logistics may also be showing movements. Reality, utilities, Pharmaceuticals may be doing better.

Rahu may give volatility, so trade with stop loss.

Indian Currency

Indian Rupee may trade in between 70.20 to 71.20 per USD.

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