Nifty Prediction : Nifty – Buy on Dip | Trade Patiently | Watch FIIs

Daily Forecast – Share Market – December 5th, 2019

Nifty – Buy on Dip | Trade Patiently | Watch FIIs

Venus, Rahu and Jupiter are controlling the day with support of Ketu and Mercury. Lord of the crude oil is holding its level of prices. Mercury will be moving in the Scorpio sign after 10:32 Hrs (IST) and giving support to the lord of lagna (ascendant). Indications are positive for the market. Mars is alone and giving support to the house of foreign lands. Indications are that foreign cues will also be decent or supportive for the market.

News from government/its agency or agencies may remain important, please keep a watch, which may influence the market.

US and China may be playing important role, but other issues are also important for the market.

I feel that market may be moving better and may also look for upper levels during the day. Or we can say that emotions of previous closing may remain continue.

Currency may also be holding levels, only concern will be crude oil, which is holding its own levels.

Activities can be seen in the areas of Petroleum, banks, financial institutions, communication, IT, automobile (either side), entertainment, infrastructure, cement, Leather, textiles, Insurance, research/analytical based segments like pathology etc., bacteria or other related segments may show some movements, foreign cues may further remain important and be watchful after the announcement from the government or its agency/agencies.

It will be better to keep a watch on FIIs movements. By on Dip will be better (if any). Wait for announcement by government or agency or Organization.

Indian Currency

Indian Rupee may trade in between 71.00 to 71.80 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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