Nifty Prediction : Range of 10600 to 10700 possible | Wait and Watch for Opportunity

Daily Forecast – Share Market – December 26th, 2018

Range of 10600 to 10700 possible | Wait and Watch for Opportunity

Jupiter and Ketu are leading the day with support of Saturn, Mercury, Venus and Sun. I feel Moon is with Rahu in own house, but confusions can be seen during the day for trading purpose. Nifty may try to for base too. But Global cues in past were not supporting and indicating pressure on local trade, at the same time local political situation is also not supportive. Same situation is pursuing.

Nifty may try to remain in the range.

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,  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.

Trade with stop-loss. It will be better to wait and watch.

Indian Currency

Indian Rupee may trade in between 69.60 to 70.60 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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