Nifty Prediction : Nifty may be range bound | Nifty may try for 10900

Daily Forecast – Share Market – December 5th, 2018

Nifty may be range bound | Nifty may try for 10900

Keep watch – Political issues/Judiciary/Religion

Cumbust Jupiter, Saturn and Rahu are leading the day, with support of Mercury retrograde, Sun and Venus. Mercury is close to change direction of transit for us. Lord of the share market and banks etc. has slowed down its speed, resulting volume or range of movement may be not so high, but Rahu can give any unexpected move. Market may change direction from 07-12-2018, because of the directional change in its planet.

Crude may be playing some role during the day along with political movements (in coming period). Judiciary and other related government agencies may play some role in coming period.

Petroleum, Insurance, research and related segments may be showing some movements, with banks, financial institutions (both may show low movements or restricted movements).

Petroleum, agriculture related segments including related segments to automobile, agriculture equipment, automobile and related segments, building materials – includes cement, ceramics, tiles and paint, Pharmaceuticals and FMCG, fashion related, Gems cutting machine related segments etc. may be showing movements.

Range may not be so high, but Volatility or suddenness is possible.

Indian Currency

Indian Rupee may trade in between 70.20 to 71.00 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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