Nifty Prediction : Trimming at upper levels | Buying at lower levels | Consolidation

Daily Forecast – Share Market – December 13th, 2018

Trimming at upper levels | Buying at lower levels | Consolidation

Saturn and Jupiter are leading the day with support of Sun, Mars, Mercury, Venus and Rahu. Market may try to hold this base or possibly profit booking in some areas can be seen. Banks and financial institutions, foreign linked trades or issues may be influencing the market.

IT, communication, media, electrical and electronics, engineering, textiles, pipes, leather, sugar or related areas, power, metal (influence of foreign trade), banks and financial institutions, Petroleum and crude. Government may be seen in action in coming days, which may be influencing market accordingly. Banks in the next 20 days will be showing their movements.

It’s a time to focus on equity or company-based buying (for long run). Traders must be careful due to political utha patak and trade war (global). Keep a watch on currency too. Possibly some positive moves.

Indian Currency

Indian Rupee may trade in between 71.30 to 72.20 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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