Daily Forecast – Share Market – December 10th, 2021

Volatility possible | Nifty may trade within 17350 to 17600

Saturn with Sun leads the day, well supported by Moon, Mars, Rahu, Saturn, Mercury and Ketu are supporting. It is also fact that foreign cues may be weak, impact of OMICRON can be seen globally.
Countries may impose restrictions. Globally inflation rate will be high, at the same time inflation in India may also be on upper side in coming period. Rahu-Ketu combination is always indicting volatility.

Indications are clearly indicating that for longs wait for some time. Allow market to look for upper side. Lord of banks has started giving strength to own house, so I believe banks will be decent or may give benefits in coming period.

Profit booking or consolidation on upper levels will not be surprising. So, Volatility is quite possible or will not be surprising. Trade accordingly. Whereas investors in equities may look for the opportunities in good stocks at better rates (as and when available). One can improve portfolio.

Entire horoscope is active, means movements in every segment (either side) will not be surprising. Still, I will prefer to look for opportunities in Banks, IT, communication, power, renewable energy or non-traditional segments, engineering, defense, space, leather, textiles, paper, fertilizer, agriculture related areas, pesticides, bio-technology based segments, pathology laboratories etc. may be doing well along with automobile and related segments.

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