Daily Forecast – Share Market – December 28th, 2018

Nifty may look for 10825 or so | Banks in coming period better

Jupiter with Venus and Mercury in lead with support of Ketu and Sun. Saturn is heading for combustion. Indications are that market is in better mood to close this last Friday of the year. Crude is better, cues from foreign market may also give some support. Local Political issues may not be encouraging, but I feel up to the levels, market has already considered. Sudden changes can be different, which does not seem immediately.

Movements in Petroleum based products like automobile tyres, petroleum companies, paints, chemical solvents etc., Cotton, leather, synthetic yarn, silk, communication instruments and entertainment instruments related segments etc.

Banks, financial institutions, insurance, bio-tech based segments, research and analysis related segments, synthetic tanks, synthetic containers etc. footwear, leather, infrastructure, building related materials etc.

Chemicals, Pharmaceuticals etc. may be showing movements. Possibility of banks in the first fortnight of 2019, January will be better (with some ups and downs).

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.