Daily Forecast – Share Market – December 17th, 2020

Emotions positive | Enjoy the positive day| 13700 is close

Sun with Mercury (heading for total combustion) are well supported by Saturn, Mars and Ketu. Indications from the market are positive, impact of foreign cues/FIIs will be having importance. Nifty is still positive, whereas today is weekly expiry. So, lord of the market is combust but still strong on various points. I believe market is still positive, opportunities on dips.

I will prefer to be watchful after 20-12-2020.

Vaccine from companies is still on observations by everyone. Anyways, we must be sure that at least one step moves ahead from Pandemic of 2020. Indian medicine is also on the corner for emergency approval.

Nifty is trading with positive mood.

Automobile, tyres, infrastructure, textiles, sugar, Pharmaceuticals, metals, defence, electricals and electronics, leather, chemicals, alcohol related products. Keep a watch on reality related areas, like cement, ceramics, paints etc. Keep a watch on IT, e-commerce and many more.

Overall day is decent.

Indian Currency

Indian Rupee may trade in between 73.20 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.