Daily Forecast – Share Market – December 31st, 2018

Enjoy Last working day of year hoping for Nifty 10925

Mercury, Jupiter and Venus are leading last day of the year with support of Saturn, Rahu and Sun. Mercury are Venus are ready to change their houses and signs and will give strength in new year to their own houses. Mercury will give strength to the house of banks and Venus may give strength to the (possibly) leader of the nation and minister of home. It seems that market may show positive note on the last day of the year and give hopes for the fortnight (first) of the year.

Nifty may look towards 10925 or so. Rahu is only planet, which can give some cause of worry, but other planets are giving decent strength to the market.

Banks, financial institutions, insurance, petroleum based segments, products linked with ocean, from the earth – like minerals or coal (keep a watch) – chances from lower rates. Judiciary is under pressure of political parties etc. for few days, hence chances of impact is not possible.

Leather, chemicals, textiles, health care (baring few hospitals), sports goods, education related, alcohol, spirit, paint, automobile ancillary, tyres, and many more petroleum based products like synthetic etc.

I wish you all Happy New Year.

Indian Currency

Indian Rupee may trade in between 69.50to 70.40 per USD.

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