Nifty Prediction : Nifty may look for consolidation | Volatility possible
Daily Forecast – Share Market – December 12th, 2018
Nifty may look for consolidation | Volatility possible
Saturn and Jupiter are leading the day with support of Sun, Moon, Mercury, Venus and Rahu. Indications are clear that market is in mood to consolidate its base and try to move ahead within Range of 100 points. Rahu also indicates that some negativity or sudden changes are possible. Impact of government agency or organizations movement can be seen on the market.
In coming month, we may see strong moves by government, which may influence market on either side, but from first week of January 2019 to next 20 days, banks may be showing good movements. Hence, utilize the time.
Textiles, banks, financial institutions, Petroleum, currency and other areas like sea related – shipping etc., carbon black, lubricants, which may be influencing automobile tyres, chemicals, spirit, distillery or related segments, sugar, agriculture equipment, dairy products, leaf-based, rubber, IT, logistics, entertainment and related segments may be showing movements. Trade for good companies/organization.
Indian Rupee may trade in between 71.80 to 72.60 per USD.
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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
Categories: Share Market