Nifty Prediction : Nifty may look for 13325 | Political moves Important | Buy on dips

Daily Forecast – Share Market – December 7th, 2020

Nifty may look for 13325 | Political moves Important | Buy on dips

Mercury is leading with Sun, they are well supported Ketu, Saturn, Jupiter and Mars. Lord of share market, political movements is very strong, Lord of political activities, with geo-political conditions will also be important in coming period.

On date market may look for further upper levels, agitations or other issues like the same may be going to give impact in coming days. This may hurt the emotions of the market even on date. That means volatility is also possible. If market shows some dip, look for the opportunities in the market, may be for short term. Profit bookings or likewise activities not surprising.

Indications for the banks, Pharmacy and automobile, textiles, chemicals, power, cement, petroleum, system related to space, IT, logistics (may have some issues also). Leather, communication instruments, entertainment instruments etc. may be showing some movements. Many segments may be showing movements, that means possibility of mid-caps and small caps may remain decent.

I believe it will be better to look for opportunities in coming period. Positive news for COVID vaccine is on the border, which is a very positive indications for the market.

Movements will be seen in the market, still I feel market may look for 13325 or so.

Indian Currency

Indian Rupee may trade in between 73.10 to 74.00 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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