Daily Forecast – Share Market – December 18th, 2018

Nifty may Look for 10925 | Volatility possible

Ketu, Saturn and Jupiter are leading the day with support of Sun, Rahu and Venus. Basic indications are that positive movements are possible, Nifty may try to look for 10925. I agree that Ketu and Rahu both are active, but Ketu is in better position, hence possibility of positivity is better. Even then, it will be better to trade with safety, because this combination of Rahu and Ketu can give sudden uncertainty in the movements.

My overall opinion is for positive movement.

Communication, engineering, technical of communication, IT, logistics, Pharmaceuticals, leather, textiles, transport surface transport including Railways related, banks and financial institutions, media, automobile tyres, automobile related segments, paint, cement, ceramics and sea-related segments.

Keep a watch on crude and global cues/local political activities, which may give an additional touch to the market.

Pesticides, ready-made garments, communication and entertainment instruments etc. may be doing better with silk, chemicals, carbon black etc.

Trade with stop-loss.

Indian Currency

Indian Rupee may trade in between 71.20 to 72.00 per USD.

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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.