Daily Forecast – Share Market – December 24th, 2019

Ups and down not surprising | Invest with care

Ketu and Venus are controlling the day with support of Saturn, Moon, Jupiter, Mercury and Rahu. Planets are close to change their house and signs. Like Mars has moved in the last degrees and Mercury is also close to change the position. Week is short and second important planetary event during the week (ie. On 26-12-2019) Solar eclipse will be observed in the morning hours. So, it will be better to trade with care today.

Political impacts are visible, I will be watchful for banks and financial institutions, regional political points in the country. Eclipse is directly afflicting house of banks and finance, regional areas and statements by the leading personalities of nation.

Even then global cues may be better. Role of Ketu indicates for positive moves, where as Rahu gives me indications for some ups and downs will not be surprising, like previous day.

Hold your funds for the long-term investors, traders (aggressive) can move according to the movements. Tourism and related segments may show movements, with IT, communication and entertainment. Petroleum marketing companies may have some pressure, spirit, alcohol, wine and related sector with Textiles, paper, leather, chemicals and rubber, leaf based products may give opportunity for the coming period.

I will like to be safe at the closing time of the market, and prefer to wait and watch the movements after eclipse on Wednesday (26-12-2019).

Indian Currency

Indian Rupee may trade in between 70.50 to 71.50 per USD.

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