Daily Forecast – Share Market – December 13th, 2021

Bulls may smile | Nifty may show 100+ | Banks better

Mercury, Sun with Saturn are leading the day, with support of Ketu, Mars and Moon. Lord of banks is giving strength to own house. Emotions are also supporting the market. Lord of share market is in the paapkartari yog, and impact of foreign cues and crude, other issues may be giving their impact on the market. Foreign cues may remain comfortable.

Market may give some advantage to the Bulls, and banks may be supportive, whereas currency may remain under pressure, crude – may also be rising in coming period.

Nifty may look for 100 + points, but time for take precautions due to OMicron. Indicating that in coming period possibility of advantage to e-payment, e-commerce, home delivery services etc. Logistics, Pharmaceuticals, Heath care services, IT, communication, e-entertainment and related areas may be doing better in coming period along with banks, infrastructure, power, automobile, chemicals, engineering, electronic and electrical, communication instruments, oil exploration etc. along with pathology laboratories, leather, textiles, cotton etc.

Nifty may try for 100+, but it will be better to trade with stop loss.

Indian Currency

Indian Rupee may trade in between 75.20 to 76.00 per USD.

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