Daily Forecast – Share Market – December 3rd, 2021

Confusions possible | Nifty may trade within 17300 to 17550

Jupiter, Mercury and Sun lead the day, well supported by Mars, Saturn with Moon. Tomorrow will be Solar eclipse, which will not be seen in India, but global impact will be seen directly or indirectly. Last time when second wave hit our country badly in April-May 2021, Jupiter moved in Aquarius sign on 05-04-2021. It had affected our Ministers and doctors to work and deliver the output. But was bad for mass, even had affect the elite class also.

Moon, Sun, with lord of share market/Banks are with Rahu and in the axis of Ketu. Confusion is possible. This may give opportunities for the coming period.

Jupiter is in Aquarius since November 2021, now sound of OMicron is forcing ministries/health department to do preparation for the new alert. India has already got few cases officially. This is indicating – Corona has not gone, is with us. That means we must take necessary precautions, Physically and financially also.

Mix day will not be surprising but may give opportunities for the coming period. It will be better to look for the period after Solar eclipse. Nifty may trade within range of 17300 to 17550.

Time is coming to buy on dip and look for opportunities.

Areas like insurance, metals, engineering, power, oil exploration, FMCG, chemicals, Agriculture produces, fertilizer, pharmaceuticals, textiles, Power, automobile (at better rates), Laboratories and related areas will be important.

Invest time is ahead, look for opportunities. Nifty may look for 17300 to 17550.

Indian Currency

Indian Rupee may trade in between 74.20 to 75.10 per USD.

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