Nifty Prediction : Market looking direction | Neutral like Opening possible
Daily Forecast – Share Market – December 9th, 2019
Market looking direction | Neutral like Opening possible
Venus with Rahu and supported by Saturn, Mercury and Ketu. Crude oil is well protected by its lord and swelling like situation is improving. Currency is little bit better. Normally, Rahu and Venus (as a combination) can give dreams, good flying ideas but conclusion wise it is not a suitable combination. Indications are that waves like situation is not surprising. I am not sure for positive movements, but Nifty will try to hold its levels.
Opportunities at lower levels possible. But Variation may not be so big. Normally, percentage wise we can call as a neutral movement (may be at opening or so).
Now, since lord of the cabinet, government is so strong, but combine with Rahu, so decisions of government may be giving any firm conclusion or direction – I am bit doubtful. (I wish this observation goes wrong). Immediate working of small industries (environment) should be developed. Secondly, they are out of market, because of their business module. Sudden break on cash circulation, spoiled their working (2016/17). Which lead to unemployment and manufacturing process for large industries. I mentioned in my observations that time that impact will be seen after April 2019 (@ https://anoopastrosutra.com/2019/05/10/astrology-observations-demonetization-of-indian-currency-rs-500-and-rs-1000-2/ ).
Anyways, now we must look for the foreign issues and FIIs. Lord of foreign lands is in good combination with Moon, in transit position. Banks may also remain active because of heavy movements of planets in the area. Banks (few) may have ups and downs.
Movements can be seen in banks, spirit, alcohol, drugs, Pathology labs, Fast foods, Sugar, Textiles, leather, cotton, silk, communication instruments, communication, IT, entertainment, Petroleum, insurance and defence related segments etc. Metals and Vehicles may give movements in coming day. Infrastructure, transport/logistics etc. may be involved in movements. Many other segments will also remain active on either side.
Trade with stop-loss. Look for opportunities at lower levels.
Indian Rupee may trade in between 71.00 to 72.00 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