Daily Forecast – Share Market – December 17th, 2018

Nifty Looking to regain 10900 | Trade with guards

Saturn and Jupiter are leading the day with support of Sun, Rahu, Mercury, Ketu and Venus. Transit of Sun is now with Saturn and is influenced due to combustion. Indicating that Judiciary and working of the government may be influenced with opposition and related issues.

Market is gaining strength and may look for 10900 levels for Nifty in coming period.

Cotton, communication instruments, entertainment instruments, or electronics with electrical goods may be doing better. Petroleum, spirit, alcohol and related segments may be doing better.

Paper, textiles, leather, Pharmaceuticals and many more with agriculture produces, Petroleum, currency, banks and financial institutions along with building/infrastructure and related materials like cement, paint etc. may be giving impact on the market on either side. But unknown reasons will be important to handle this market.

FMCG, ready-made garments and silk etc. may be better.

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.