Nifty Prediction : Nifty Looking 11000 | Pressure from Global cues | Crude interesting
Daily Forecast – Share Market – December 21st, 2018
Nifty Looking 11000 | Pressure from Global cues | Crude interesting
Saturn and Jupiter are leading with Ketu, Rahu, Sun, Venus and Moon. Jupiter is defeated in planetary war with Mercury and Moon is in lagna and eleventh house from own house, supposed to give advantage to its own related segments. Impact of crude and currency can be seen during the day. Whereas global market cues may give some negative impact on the opening.
Local political situation and accordingly government’s behaviour may again go to give impact on various segments.
I feel market is prepared to move in 11000 zone for Nifty. Banks may be reconsolidating their position, hence be prepared to look for good equities.
Development related segments, infrastructure, metal, automobile tyres, water related segments – includes storage too. Synthetic, Paints, cements, Batteries (automobile and domestic), Leather, Textiles, engineering, electronics, electrical with communication instruments, media, IT, with travels and tours etc.
Keep a close watch on Judiciary.
Bio-techno segments, silk, ready-made garments, cotton, distillery, alcohol are related segments may be showing movements, but keep a close watch before close.
Indian Rupee may trade in between 69.10 to 70.00 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