Daily Forecast – Share Market – December 16th, 2021

Avail Opportunities | Seems Positive day | Watch second half

Sun, Saturn with Ketu are leading the day, well supported by Mars and Moon. Impact of foreign lands or cues may remain comfortable. Indications are better from global cues. Planetary support – Sun has moved to Sagittarius sign with Mercury, forming one yog but in the house of suddenness for sudden gains or loss. Other planets are in better position.

Market may react to the indications from foreign lands and look for positive movements. Indications for the market to open with positive mood. Even then because of active Rahu Ketu axis, possibly market may look bit suspicious at least for the weekend.

Indication from US government is positive, which gave positive mood to the global market. Indication to suck out additional liquidity from the market. Indications for the market for future is positive.

Local cues are normal; hence market may react in better way. Pull back is possible. Trade wisely after 2-3 hours or better to say in second half.

Movements for Automobile, automobile ancillary, agriculture related automobile, EV and related segments for future will be better, defence related segments with space, IT communication, pathology lab with Pharmaceuticals, health care and health related insurance may remain active. Keep a watch on lubricants, chemicals, electronic and electricals, engineering etc.

Market may remain positive but be cautious. Avail opportunities. Nifty preparing for 17500 in coming period.

Indian Currency

Indian Rupee may trade in between 74.60 to 75.30 per USD.

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