Nifty Prediction : Ups and downs | Banks may give opportunities at lower levels

Daily Forecast – Share Market – December 11th, 2018

Ups and downs | Banks may give opportunities at lower levels 

Saturn, Sun and Jupiter are leading the day with support of Mercury, Rahu and Venus. Judiciary, government agencies, political issues, currency and crude will be playing important role along with geo-political situations. But our market may be mainly guided with Government activities, agencies and political activities. I feel that partially market has already digested, but activities from Banks and government agencies may be influencing this market during the day – at least opening.

Pressure on opening is unexpected. Banks and financial organizations may be giving an opportunity to buy at lower rates for 45 days investments.

We may see loss of partners to political parties and the government in coming period also.

Look for opportunities at lower levels and try to look for advantage from the market. Keep a close watch on government and its agency’s activities + judiciary and political activities.

IT, communication and media with logistics, transport – aviation (Keep a close watch). Unexpected movements will not be surprising. Sudden loss or upper movements are expected.

Indian Currency

Indian Rupee may trade in between 72.00 to 73.00 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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