Daily Forecast – Share Market – December 6th, 2018

Nifty Looking for Volatility | Range of 80 points on either side

Saturn, Jupiter and Rahu are leading the day, Mercury retrograde, Venus and Sun are supporting. Mercury is close to change is transit direction, hence speed of transit is close to very slow. Impact can be seen during the day. Lord of the horoscope is also bit shaky, indicating mood of the public for election may change in coming period too. That may give impact on the political environment. Impact of Rahu can be strong, market may see volatility. If Nifty will be look for 10682/10700 then will not be surprising, but I feel that market is looking for opportunities for upper levels.

Movements is all the segments can be seen, banks and financial institutions may be pressurizing this market on the day or may not be in a position to avail opportunities properly.

Textiles, paper, cement, paint, building related materials with petroleum, financial services, and so many other segments may be showing movements. Spirit, distilleries, alcohol and related areas may show movements with Pharmaceuticals, and chemicals may be showing movements.

Trade with guards. From next working day, market may show some directional changes.

Indian Currency

Indian Rupee may trade in between 70.30 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.